London-listed shipping fund Tufton Oceanic Assets has handed out a higher dividend payment for the second quarter of 2024.
The owner of tankers, bulkers and LPG carriers issued a dividend of $0.025 per ordinary share for the quarter ending 30 June 2024, compared with $0.021 this time last year.
“Operating profit was slightly higher quarter on quarter as our bulkers and chemical tankers benefited from strong markets,” Tufton said.
