$KCC (+2,05 %)
The next big dividend is just around the corner
In the long term, one of the most interesting companies in my portfolio for my "upside-down" strategy.
The heavily overweighted high-dividend value "feeds" the dividend growth values "from above".
Unfortunately, the spread is currently quite high. Otherwise I would probably also run a small savings plan on it.
Klaveness Combination Carriers $KCC (+2,05 %) - strong Q4 2023 figures - Solid cash flow, debt repayment and dividend increase 🥰
Webcast today 9:00 am:
https://www.combinationcarriers.com/kcc-q4-2023-financial-results
The most important aspect for me, which speaks to strategy and success (in a favorable market environment):
Dividends Q3 to Q4 2023 from 0.25 to 0.35 $; + 40 %
Dividends Q4 2022 to Q4 2023 from 0.3 to 0.35 $; + 20 %
PS: I'm curious to see when the ETF nose will talk to me again.
Hot-running and switched to another value ($HAUTO (-0,66 %) - transaction will follow as soon as the values have been entered correctly at DKB). Thus reduced from 7815 to 6615 shares.
I love the $KCC (+2,05 %) Store. 🥰 (I know: "Never fall in love with a share." It's hard for me here).
2023 Q4 Daten Update 🚀 meiner Lieblingsbude $KCC: (+2,05 %)
Richtig starke Zahlen:
„Oslo, 16 January 2024: Klaveness Combination Carriers ("KCC" or the "Company") preliminary CABU and CLEANBU TCE earnings for fourth quarter 2023 ended at $/day 36,110 and $/day 37,537 respectively. Fleet average TCE earnings for the quarter ended at $/day 36,823, approximately $/day 4,600 higher than in Q3 2023 and approximately $/day 3,050 above the mid-point in the guiding range.
The CABU fleet continued to deliver historically strong TCE earnings in Q4 2023, albeit approximately $/day 1,000 lower than the record high earnings in Q3 2023. In Q4 2023 as in Q3, the CABUs benefited from high freight rates on the fixed-rate caustic soda (“CSS”) contracts and stronger dry bulk earnings, but a somewhat weaker operational efficiency had a negative impact compared to the previous quarter. CABU TCE earnings for Q4 were approximately $/day 1,100 above the mid-point in the guiding range mainly due to longer duration on CSS voyages leading to fewer days in a lower paying dry bulk market.
The CLEANBU TCE earnings increased approximately $/day 9,600 from Q3 2023 to Q4 2023 mainly due to a stronger product tanker market and supported by a stronger dry bulk market. CLEANBU TCE earnings for Q4 were approximately $/day 4,550 higher than the guiding range mid-point mainly due to a considerable strengthening of the US Gulf tanker market where KCC had several vessels in position.
Based on the escalating situation in the Red Sea area, KCC has decided to not trade any of its vessels through the Red Sea until the situation improves. The CABUs do not trade in the area, while the CLEANBUs from time-to-time transits through the Red Sea. The decision is expected to have limited impact on KCC business activities and financial performance.
TCE earnings guiding for Q1 2024 will be published in KCC’s 2023 Fourth Quarter Report on Friday 16 February 2024.“
