Shareholders in Chile’s Compania Sud Americana de Vapores (CSAV) are set for a big payday on the back of the red hot containership market.
The Santiago-based company has agreed to pay an interim dividend of $450m to shareholders — equivalent to about $0.008 per share.
The dividend, which will be funded by bank debt, is due to be paid to shareholders on 20 October 2021, the shipowner said in a regulatory filing.
