1Mon·

Hafni drowns?

$HAFNI (-8.79%) is taking quite a beating today. And the dividend of USD 0.03 per share would be a far, far cry from what I had expected. The share buyback has put a dent in the dividend, and investors are obviously only so pleased with it (myself included).

5 Comments

Alpalaka@Alpalaka

1Mon

yay...
https://investor.hafnia.com/files/doc_financials/2024/q4/Hafnia-Announcement-Information-regarding-dividend-payment-Q4-2024.pdf

Edit: just saw you edited your post accordingly

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John@Transporter

1Mon

It was announced long in advance that the money going into the share buyback program would not be available for the dividend. Furthermore, it was foreseeable that the result would be significantly lower than in previous quarters, as TCE rates have fallen considerably. For those who follow the topic, this was foreseeable and not a big surprise. Even in Q1, TCEs are only going up slightly. If this remains the case, the coming result will be slightly better, but not extremely much better.

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Charmin@Charmin

1Mon

@Transporter So it wasn't clear to me that the dividend would fall by 98 percent ...

Abr well: I am convinced of Hafnia, so I bought more ...

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John@Transporter

1Mon

@Charmin If the TCE does not improve significantly, then my guess is that there will be something around 15 to 20 cents in the next quarter (minus any costs for ARP).

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Solitair@Solitair

1Mon

I suffer with you.

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