Avance Gas investors should be ready to catch the dividend flowing from the VLGC owner, Danske Bank says.
Analyst Bjorn Kristian Roed believes 25% of its market capitalisation could end up in shareholder’s pockets early next year given the strength of its spot market performance.
In a third quarter results preview the analyst predicts a dividend of $2 per share is likely to be in the way for the period for which the market is projecting a profit of $69.2m.A
