Board Change • May 20
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chair Henry C. Strutt is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Jan 22
Taylor Maritime Limited Declares Interim Dividend for the Period to 31 December 2025, Payable on 12 February 2026 The Board of Taylor Maritime Limited declared an interim dividend in respect of the period to 31 December 2025 of 2 US cents per ordinary share. Ex Date is 27 January 2026, record date is 28 January 2026 and Payment Date is 12 February 2026. Annuncio • Oct 25
Taylor Maritime Limited Declares Interim Dividend for the Period to 30 September 2025, Payable on 8 November 2025 The Board of Taylor Maritime Limited declared an interim dividend in respect of the period to 30 September 2025 of 2 US cents per ordinary share. Ex Date is 6 November 2025, record date is 7 November 2025 and Payment Date is 28 November 2025. Annuncio • Sep 04
Taylor Maritime Limited Announces Board Changes Taylor Maritime Limited announced that Mrs. Sandra Platts, having agreed not to stand for re-election by Shareholders at the 2025 AGM, has retired with effective from September 4, 2025. Mrs. Rebecca Brosnan has succeeded Mrs. Platts as Chair of the Company's Remuneration Committee. Annuncio • Aug 07
Taylor Maritime Limited, Annual General Meeting, Sep 04, 2025 Taylor Maritime Limited, Annual General Meeting, Sep 04, 2025. Location: level 5 st julians court, st julians avenue, st peter port, Guernsey Annuncio • Jul 25
Taylor Maritime Limited Declares Interim Dividend for the Period to June 30, 2025, Payable on August 29, 2025 Taylor Maritime Limited declared an interim dividend in respect of the period to 30 June 2025 of 2 US cents per ordinary share: Ex-date is August 7, 2025. Record date is August 8, 2025. Payment date is August 29, 2025. Annuncio • Apr 25
Taylor Maritime Limited Declares Interim Dividend for the Period Ended March 31, 2025, Payable on May 30, 2025 Taylor Maritime Limited declared an interim dividend in respect of the period to 31 March 2025 of 2 US cents per ordinary share: Ex Date:8 May 2025 Record Date:9 May 2025, Payment Date: 30 May 2025. Annuncio • Apr 24
Taylor Maritime Limited Announces the Appointment of Matt Falla as Group Company Secretary with Effect from 24 April 2025 Taylor Maritime Limited announced the appointment of Matt Falla as Group Company Secretary with effect from 24 April 2025. Matt is a Chartered Company Secretary and a Fellow of the Chartered Governance Institute of UK and Ireland. Matt joined the Company in March 2025 from Apex Group and has over 15 years corporate governance and investments experience in both the listed and private sectors. Annuncio • Feb 10
Taylor Maritime Limited Announces Board Appointments, Effective 11 February 2025 Taylor Maritime Limited announced the appointment of Mr. Alexander Slee (Deputy CEO), Ms. Yam Lay Tan (CFO) and Ms. Camilla Pierrepont (Chief Strategy Officer) as Executive Directors of the Company with effect from 11 February 2025. Alexander Slee has spent the last 18 years in the shipping industry and has worked with Edward Buttery since 2016, prior to the Company's IPO. After starting his career in the investment banking division of Citigroup in London, he joined Pacific Basin Shipping in Hong Kong in 2006 where he worked in a variety of corporate and divisional management roles. From 2010 he was General Manager of Vanship Holdings, a privately owned tanker and bulker ship owning company, and Group Strategy Director at Univan Ship Management, where he was closely involved in its merger with Anglo-Eastern Ship Management. Mr. Slee holds a BA in Classics from Oxford University and has attended a management programme at INSEAD. He has served as a member of the Executive Committee of the Hong Kong Shipowners Association, and is a Director of the UK P&I Club. Yam Lay Tan graduated with an Accountancy degree from Nanyang Technological University of Singapore (NTU) in 1993. She has been a member of the Institute of Singapore Chartered Accountants since 1994 and is a Chartered Accountant. Ms. Tan was General Manager, Finance of Epic Gas Pte. for 6 years. Within the Epic Group she served as the director and company secretary of more than 40 companies. Prior to Epic, Ms. Tan held senior finance positions in security, IT, semiconductor and service companies. Ms. Tan has worked with Edward Buttery since 2019. Camilla Pierrepont began working with Edward Buttery in 2018 as Group Strategy Director. Ms. Pierrepont has held various strategy and investment roles over the last 20 years having started her career as a strategy consultant at Monitor Deloitte (London). In aggregate, Ms. Pierrepont has spent more than 10 years in the shipping industry including 4 years with shipping company, Epic Gas Pte (London & Singapore) as Head of Strategic Development. Outside of shipping, she has spent time in the technology industry including as a Portfolio Manager at Blenheim Chalcot (London), a venture capital firm and as a Senior Strategy Manager in the Strategy and Corporate Development Team at Microsoft (Seattle). Ms. Pierrepont holds a BA in Chinese Studies from Oxford University. She is a Non-Executive Director of WPA Health Insurance. Annuncio • Dec 12
Taylor Maritime Investments Limited Announces its Intention to Declare Special Dividend in Respect of the Period to 31 December 2024 Taylor Maritime Investments Limited announced its intention to declare a special dividend of 4 cents per ordinary share in respect of the period to 31 December 2024, to be paid in the first quarter of calendar year 2025, in addition to the regular quarterly dividend of 2 cents per ordinary share. Declared Dividend • Oct 28
Fourth quarter dividend of US$0.02 announced Shareholders will receive a dividend of US$0.02. Ex-date: 7th November 2024 Payment date: 29th November 2024 Dividend yield will be 8.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (121% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 3 years and payments have been stable during that time. Annuncio • Oct 25
Taylor Maritime Investments Limited Declares an Interim Dividend in Respect of the Period to 30 September 2024, Payable on 29 November 2024 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 30 September 2024 of 2 US cents per ordinary share. Ex Date is 7 November 2024, Record Date is 8 November 2024 and Payment Date is 29 November 2024. Annuncio • Sep 05
Taylor Maritime Investments Limited Announces Board Changes Taylor Maritime Investments Limited announced that Ms. Rebecca Brosnan and Mr. Gordon French have been appointed as non-executive Directors of the Company with immediate effect. Ms. Brosnan has over 20 years of experience in investment banking, financial markets and commodities and currently is the IFC Nominated Director on the Board of the City Bank, a listed commercial bank in Bangladesh. Previously, Ms. Brosnan has served as CFO & Head of Strategy of Diginex, an ESG and sustainability technology business; the COO & CFO of Mother's Choice and Head of Asia Commodities and Head of Strategy and Business Development at the Hong Kong Stock Exchange.Ms. Brosnan served as a Director of the Company's wholly owned subsidiary, Grindrod Shipping Holdings Limited ("Grindrod", listed on the Johannesburg Stock Exchange and Nasdaq exchange until 30 August 2024) from6 December 2022 and is due to retire on 30 September 2024. Mr. French was the Head of Global Banking and Markets for Asia-Pacific at HSBC based in Hong Kong responsible for all Global Banking and Market's businesses in the region. Having served 33 years, Mr. French retired from his role at HSBC at the end of 2020. He represented HSBC on various regulatory and exchange committees and he was also the inaugural Chairman of HSBC Bank (Singapore) Limited from April 2016 to June 2017. Mr. French served as a Director of Grindrod from 20 March 2023 and is due to retire on 30 September 2024. As explained in the Company's 31 December 2023 annual report, the Board confirms that Chris Buttery and Frank Dunne, each having agreed not to stand for re-election by Shareholders at the 2024 AGM, have retired with immediate effect. An announcement will be released in due course confirming the Board's chosen successor to Mr. Dunne as Senior Independent Director. Annuncio • Aug 12
Taylor Maritime Investments Limited, Annual General Meeting, Sep 04, 2024 Taylor Maritime Investments Limited, Annual General Meeting, Sep 04, 2024. Location: level 5 st julians court, st julians avenue, saint peter port, gy1 1wa, Guernsey Declared Dividend • Jul 29
Fourth quarter dividend of US$0.02 announced Shareholders will receive a dividend of US$0.02. Ex-date: 8th August 2024 Payment date: 30th August 2024 Dividend yield will be 8.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (121% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 3 years and payments have been stable during that time. Annuncio • Jul 26
Taylor Maritime Investments Limited Declares Interim Dividend in Respect of the Period to 30 June 2024, Payable on 30 August 2024 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 30 June 2024 of 2 US cents per ordinary share: Ex Date: 8 August 2024. Record Date: 9 August 2024. Payment Date: 30 August 2024. New Risk • Jun 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 96% Revenue has declined by 164% over the past year. Revenue is less than US$1m. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Declared Dividend • Apr 29
Dividend of US$0.02 announced Shareholders will receive a dividend of US$0.02. Ex-date: 9th May 2024 Payment date: 31st May 2024 Dividend yield will be 8.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 2 years and payments have been stable during that time. Annuncio • Apr 27
Taylor Maritime Investments Limited Declares an Interim Dividend in Respect of the Period to 31 March 2024, Payable on 31 May 2024 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 31 March 2024 of 2 US cents per ordinary share. Ex Date is 9 May 2024, Record Date is 10 May 2024, Last day for currency elections is 13 May 2024. Payment Date is 31 May 2024. Recent Insider Transactions • Mar 08
Non-Executive Director recently bought €95k worth of stock On the 5th of March, Charles Goodson Maltby bought around 115k shares on-market at roughly €0.83 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €346k more in shares than they have sold in the last 12 months. Upcoming Dividend • Feb 01
Upcoming dividend of US$0.02 per share at 9.4% yield Eligible shareholders must have bought the stock before 08 February 2024. Payment date: 29 February 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 9.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.7%). Declared Dividend • Jan 29
Dividend of US$0.02 announced Shareholders will receive a dividend of US$0.02. Ex-date: 8th February 2024 Payment date: 29th February 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 2 years and payments have been stable during that time. Annuncio • Jan 26
Taylor Maritime Investments Limited Declares an Interim Dividend in Respect of the Period to 31 December 2023, Payable on 29 February 2024 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 31 December 2023 of 2 US cents per ordinary share: Ex Date: 8 February 2024. Record Date: 9 February 2024. Last day for currency elections: 12 February 2024. Payment Date: 29 February 2024. New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 96% Revenue has declined by 164% over the past year. Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (7.7% average weekly change). Annuncio • Dec 12
Taylor Maritime Investments Limited Announces Board Changes The Board of Taylor Maritime Investments Limited announced that Mr. Charles Goodson Maltby will be appointed as a non-executive Director of the Company with effect from 1 January 2024. Mr. Maltby has served as a Director of Grindrod Shipping Holdings Limited ("Grindrod") since 6 December 2022, where he is due to retire from the Board and from Grindrod's Compensation and Nomination Committee on 31 December 2023. Mr. Maltby has over 20 years of experience in the shipping industry and is currently Chief Executive Officer of BW Epic Kosan, the world's leading owner and operator of modern high-quality fully pressurised, semi-refrigerated, and ethylene capable gas carriers. Prior to that, Mr. Maltby held leadership positions at Pacific Basin and the transportation divisions of BHP. The Board also announces that Helen Tveitan will retire as a non-executive Director and Chair of the Company's ESG & Engagement Committee on 31 March 2024, in order to devote greater time to her other business and personal commitments. Annuncio • Oct 26
Taylor Maritime Investments Limited Declares Interim Dividend in Respect of the Period to September 30, 2023, Payable on November 24, 2023 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 30 September 2023 of 2 US cents per ordinary share: Ex Date: 2 November 2023; Record Date: 3 November 2023; Payment Date: 24 November 2023. Annuncio • Aug 05
Taylor Maritime Investments Limited, Annual General Meeting, Sep 06, 2023 Taylor Maritime Investments Limited, Annual General Meeting, Sep 06, 2023, at 10:00 Coordinated Universal Time. Location: Level 5 St Julian's Court St Julian's Avenue St Peter Port Guernsey Upcoming Dividend • Aug 03
Upcoming dividend of US$0.02 per share at 8.6% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 30 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.1%). Annuncio • Jul 28
Taylor Maritime Investments Limited Declares Interim Dividend in Respect of the Period to June 30, 2023, Payable on August 30, 2023 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 30 June 2023 of 2 US cents per ordinary share. Ex-date is August 10, 2023. Record date is August 11, 2023. Payment date is August 30, 2023. Annuncio • Jun 01
Taylor Maritime Investments Limited Announces Appointment of Henry Strutt as Non-Executive Chair Effective from 1 June 2023 Taylor Maritime Investments Limited announced appointment of Mr. Henry Strutt as non-Executive Chair effective from 1 June 2023. Upcoming Dividend • May 04
Upcoming dividend of US$0.02 per share at 6.9% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.0%). Recent Insider Transactions • Feb 27
Non-Executive Director recently bought €53k worth of stock On the 21st of February, Christopher Buttery bought around 50k shares on-market at roughly €1.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €239k more in shares than they have sold in the last 12 months. Annuncio • Jan 27
Taylor Maritime Investments Limited Declared an Interim Dividend in Respect of the Period Ended 31 December 2022, Payable on 28 February 2023 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 31 December 2022 of 2 US cents per ordinary share: Ex Date is 9 February 2023; Record Date is 10 February 2023 and Payment Date is 28 February 2023. Annuncio • Jan 05
Taylor Maritime Investments Limited Announces Board Changes, Effective January 6, 2023 The Board of Taylor Maritime Investments Limited announced that following the successful completion of the acquisition of Grindrod Shipping,Nicholas Lykiardopulo, Chair, has decided to step down from the Board with effect from 6 January 2023 in order to devote more time to his personal businesses after a period of intense and demanding activity with TMI. Frank Dunne, who was appointed as a non-executive Director and Senior Independent Director of the Company on 31 October 2022, will act as Interim Chair whilst a recruitment process is conducted to seek a new Chair. Frank hasa wealth of legal experience from an extensive career with the Maritime team at Watson Farley & Williams, the specialist maritime, aviation and energy law firm, working on a broad range of ship finance work, investment transactions, restructurings, public market transactions and listings. Frank served as Chairman of WFW from 2004 to 2017. Recent Insider Transactions • Nov 09
Non-Executive Director recently bought €56k worth of stock On the 4th of November, Christopher Buttery bought around 50k shares on-market at roughly €1.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €63k. Insiders have collectively bought €209k more in shares than they have sold in the last 12 months. Annuncio • Oct 31
Taylor Maritime Investments Limited Appoints Frank Dunne as Non-Executive Director and Senior Independent Director The Board of Taylor Maritime Investments Limited announced that Frank Dunne has been appointed as a non-executive Director and Senior Independent Director of the Company with immediate effect. Frank brings a wealth of legal experience from an extensive career with the Maritime team at Watson Farley Williams ("WFW"), the specialist maritime, aviation and energy law firm, working on a broad range of ship finance work, investment transactions, restructurings, public market transactions and listings. Frank served as Chairman of WFW from 2004 to 2017. Annuncio • Oct 27
Taylor Maritime Investments Limited Declares an Interim Dividend in Respect of the Period to 30 September 2022, Payable on 25 November 2022 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 30 September 2022 of 2 US cents per Ordinary Share, in line with the increased annualised dividend target for the 2022 financial year of an 8% dividend yield on the IPO price announced by the Company on 28 July 2022. Ex Date is 3 November 2022 with Record Date on 4 November 2022 and Payment Date is 25 November 2022. Annuncio • Aug 10
Taylor Maritime Investments Limited, Annual General Meeting, Sep 07, 2022 Taylor Maritime Investments Limited, Annual General Meeting, Sep 07, 2022, at 10:00 Coordinated Universal Time. Location: Sarnia House, Le Truchot, St Peter Port St Peter Port Guernsey Annuncio • Jul 28
Taylor Maritime Investments Limited Declares Interim Dividend in Respect of the Period to 30 June 2022, Payable on 24 August 2022 The Board of Taylor Maritime Investments Limited declared an increased interim dividend in respect of the period to 30 June 2022 of 2 US cents per Ordinary Share, representing an increase of 14% per share and reflecting a new annualised dividend target for financial year 2022 of 8% on the IPO price. Ex-Date is 4 August 2022. Record Date is 5 August 2022. Payment Date is 24 August 2022. Annuncio • May 08
Taylor Maritime Investments Limited Declares Special Interim Dividend of the Period to 31 March 2022, Payable on June 10, 2022 The Board of Taylor Maritime Investments Limited declared a special interim dividend in respect of the period to 31 March 2022 of 3.22 US cents per ordinary share. Payable on June 10, 2022 with record date of May 20, 2022 and ex- date of May 19, 2022. Annuncio • Apr 21
Taylor Maritime Investments Limited Declares Interim Dividend in Respect of the Period to 31 March 2022, Payable on 19 May 2022 The Board of Taylor Maritime Investments Limited declared an interim dividend in respect of the period to 31 March 2022 of 1.75 US cents per ordinary share in line with its dividend target and policy (7% target dividend yield (on the initial issue price) paid quarterly). Ex-Date is 28 April 2022. Record Date is 29 April 2022. Payment Date is 19 May 2022. Recent Insider Transactions • Feb 04
Non-Executive Director recently bought €58k worth of stock On the 28th of January, Christopher Buttery bought around 50k shares on-market at roughly €1.16 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €265k more in shares than they have sold in the last 12 months. Annuncio • Dec 14
Taylor Maritime Investments Limited (LSE:TMI) entered into an agreement to acquire a 22.6% stake in Grindrod Shipping Holdings Ltd. (NasdaqGS:GRIN) for $77.9 million. Taylor Maritime Investments Limited (LSE:TMI) entered into an agreement to acquire a 22.6% stake in Grindrod Shipping Holdings Ltd. (NasdaqGS:GRIN) for $77.9 million on December 13, 2021. TMI will acquire 4.329 million shares of Grindrod Shipping at a price of $18 per share in cash. Including a 2.2% position already owned in Grindrod Shipping, TMI will own 24.8% of Grindrod Shipping's shares post completion. Remgro will have no stake in Grindrod Shipping post transaction. The Acquisition will be internally funded from the sale of two Chinese built vessels for a combined $42.8 million of proceeds, cash on the balance sheet and short-term drawings on TMI's revolving credit facility. The Acquisition is expected to close in early 2022 and not later than February 28, 2022. The investment in Grindrod Shipping is expected to be accretive from both a capital and income perspective with no impact on our dividend policy of TMI. Stuart Klein and Gaudi Le Roux of Jefferies International Limited acted as financial advisor to Taylor Maritime Investments Limited.