Announcement • 14h
Himalaya Shipping Ltd. Declares Cash Distribution for the Month of June 2026, Payable on or About July 28, 2026 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.22 per share for June 2026. The distribution will be made from the Company's Contributed Surplus account. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on July 28, 2026. Date of approval: July 7, 2026. Record date: July 20, 2026. Payment date: On or about July 28, 2026. Last day including right: July 16, 2026. Ex-date: July 17, 2026. Declared Dividend • Jun 12
Dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 22nd June 2026 Payment date: 26th June 2026 Dividend yield will be 7.5%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Jun 10
Himalaya Shipping Ltd. Declares Cash Distribution for the Month of May 2026, Payable on or About June 26, 2026 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.22 per share for May 2026. The distribution will be made from the Company's Contributed Surplus account. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on June 26, 2026. Date of approval: June 8, 2026. Record date: June 22, 2026. Payment date: On or about June 26, 2026. Last day including right: June 18, 2026. Ex-date: June 19, 2026. New Risk • May 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Significant insider selling over the past 3 months (US$2.0m sold). Reported Earnings • May 22
First quarter 2026 earnings released: EPS: US$0.11 (vs US$0.14 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.11 (up from US$0.14 loss in 1Q 2025). Revenue: US$33.6m (up 53% from 1Q 2025). Net income: US$5.00m (up US$11.4m from 1Q 2025). Profit margin: 15% (up from net loss in 1Q 2025). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Shipping industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 11
Dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 18th May 2026 Payment date: 26th May 2026 Dividend yield will be 5.8%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Buy Or Sell Opportunity • May 08
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to US$15.79. The fair value is estimated to be US$13.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 72% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$15.79, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Shipping industry in the US. Total returns to shareholders of 239% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$13.13 per share. Declared Dividend • Apr 10
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 17th April 2026 Payment date: 27th April 2026 Dividend yield will be 6.1%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: US$0.39 (vs US$0.48 in FY 2024) Full year 2025 results: EPS: US$0.39 (down from US$0.48 in FY 2024). Revenue: US$131.9m (up 6.7% from FY 2024). Net income: US$17.7m (down 16% from FY 2024). Profit margin: 13% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Shipping industry in the US. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 11
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 17th March 2026 Payment date: 25th March 2026 Dividend yield will be 6.0%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Mar 06
Himalaya Shipping Ltd. Approves Cash Distribution for the Month of February 2026, Payable on or About March 25, 2026 Himalaya Shipping Ltd.'s board has approved a cash distribution of USD 0.06 per share for February 2026. The distribution will be made from the Company's Contributed Surplus account. Declared currency: USD. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on March 25, 2026. Date of approval: March 5, 2026. Record date: March 17, 2026. Payment date: On or about March 25, 2026. Announcement • Mar 05
Himalaya Shipping Ltd. to Report Fiscal Year 2025 Final Results on Mar 12, 2026 Himalaya Shipping Ltd. announced that they will report fiscal year 2025 final results on Mar 12, 2026 Buy Or Sell Opportunity • Feb 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 64% to US$14.71. The fair value is estimated to be US$12.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 72% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$13.56, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Shipping industry in the US. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$12.13 per share. Declared Dividend • Feb 12
Dividend increased to US$0.06 Dividend of US$0.06 is 1,100% higher than last year. Ex-date: 20th February 2026 Payment date: 27th February 2026 Dividend yield will be 6.5%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Reported Earnings • Feb 10
Full year 2025 earnings released: EPS: US$0.38 (vs US$0.48 in FY 2024) Full year 2025 results: EPS: US$0.38 (down from US$0.48 in FY 2024). Revenue: US$131.9m (up 6.7% from FY 2024). Net income: US$17.7m (down 16% from FY 2024). Profit margin: 13% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, while revenues in the Shipping industry in the US are expected to remain flat. Declared Dividend • Jan 12
Dividend of US$0.13 announced Shareholders will receive a dividend of US$0.13. Ex-date: 19th January 2026 Payment date: 27th January 2026 Dividend yield will be 7.5%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Jan 09
Himalaya Shipping Ltd. Approves Cash Distribution for the Month of December 2025, Payable on or About January 27, 2026 Himalaya Shipping Ltd. approved a cash distribution of USD 0.13 per share for December 2025. The distribution will be made from the Company's Contributed Surplus account. payable on or about January 27, 2026. Record date: January 20, 2026, The following dates apply to shares traded on Euronext: Last day including right: January 16, 2026, Ex-date: January 19, 2026. Declared Dividend • Dec 08
Dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 12th December 2025 Payment date: 23rd December 2025 Dividend yield will be 6.1%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Dec 05
Himalaya Shipping Ltd. Declares Cash Distribution for November 2025, Payable on or About December 23, 2025 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.10 per share for November 2025. The distribution will be made from the Company's Contributed Surplus account. Declared currency: USD. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on December 23, 2025. Date of approval: December 4, 2025. Record date: December 15, 2025. Payment date: On or about December 23, 2025. The following dates apply to shares traded on Euronext: Last day including right: December 11, 2025. Ex-date: December 12, 2025. Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about December 31, 2025. Due to the shortening of the Settlement Cycle in the US markets, the following dates apply to shares traded in the New York Stock Exchange: Last day including right: December 12, 2025. Ex-date: December 15, 2025. Announcement • Nov 11
Himalaya Shipping Ltd., Annual General Meeting, Aug 11, 2026 Himalaya Shipping Ltd., Annual General Meeting, Aug 11, 2026. Declared Dividend • Nov 09
Dividend of US$0.07 announced Shareholders will receive a dividend of US$0.07. Ex-date: 17th November 2025 Payment date: 24th November 2025 Dividend yield will be 6.2%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: US$0.21 (vs US$0.24 in 3Q 2024) Third quarter 2025 results: EPS: US$0.21 (down from US$0.24 in 3Q 2024). Revenue: US$37.9m (down 3.3% from 3Q 2024). Net income: US$9.50m (down 11% from 3Q 2024). Profit margin: 25% (down from 27% in 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Shipping industry in the US. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 10
Dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 17th October 2025 Payment date: 28th October 2025 Dividend yield will be 5.7%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Declared Dividend • Sep 08
Dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 15th September 2025 Payment date: 25th September 2025 Dividend yield will be 5.5%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Declared Dividend • Aug 11
Dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 18th August 2025 Payment date: 29th August 2025 Dividend yield will be 5.8%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: US$0.02 (vs US$0.16 in 2Q 2024) Second quarter 2025 results: EPS: US$0.02 (down from US$0.16 in 2Q 2024). Revenue: US$29.9m (down 4.2% from 2Q 2024). Net income: US$1.10m (down 84% from 2Q 2024). Profit margin: 3.7% (down from 22% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Shipping industry in the US. Announcement • Aug 08
Himalaya Shipping Ltd. Approves Cash Distribution for July 2025, Payable on or About August 29, 2025 The board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.04 per share for July 2025. The distribution will be made from the Company's Contributed Surplus account. Date of approval is August 7, 2025. Record date is August 19, 2025. Payment date is on or about August 29, 2025. The following dates apply to shares traded on Euronext: Last day including right is August 15, 2025. Ex-date is August 18, 2025. Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about September 3, 2025. Due to the shortening of the Settlement Cycle in the US markets, the following dates apply to shares traded in the New York Stock Exchange: Last day including right is August 18, 2025. Ex-date is August 19, 2025. Declared Dividend • Jul 11
Dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 21st July 2025 Payment date: 5th August 2025 Dividend yield will be 6.5%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Jul 09
Himalaya Shipping Ltd. Approves Cash Dividend for the Month of June 2025, Payable on or About August 5, 2025 Himalaya Shipping Ltd. announced the Board approved a cash distribution of USD 0.05 per share for June 2025, sourced from the Company's Contributed Surplus account. This distribution is declared in US dollars, but for shares registered with Euronext VPS, the payment will be made in Norwegian Krone (NOK) with a fixing date on August 5, 2025. The approval date for this distribution was July 8, 2025, with a record date set for July 21, 2025, and the payment date scheduled for on or about August 5, 2025. Declared Dividend • Jun 10
Dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 18th June 2025 Payment date: 3rd July 2025 Dividend yield will be 7.0%, which is lower than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Jun 06
Himalaya Shipping Ltd. Approves Cash Dividend for the Month of May 2025, Payable on or About July 3, 2025 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.03 per share for May 2025. The distribution will be made from the Company's Contributed Surplus account. Date of approval June 5, 2025 and record date of June 18, 2025. The payment date is on or about July 3, 2025. Reported Earnings • May 23
First quarter 2025 earnings released: US$0.14 loss per share (vs US$0.057 profit in 1Q 2024) First quarter 2025 results: US$0.14 loss per share (down from US$0.057 profit in 1Q 2024). Revenue: US$22.0m (down 6.8% from 1Q 2024). Net loss: US$6.37m (down 356% from profit in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, while revenues in the Shipping industry in the US are expected to remain flat. Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jehan Mawjee was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • May 11
Dividend of US$0.025 announced Shareholders will receive a dividend of US$0.025. Ex-date: 20th May 2025 Payment date: 3rd June 2025 Dividend yield will be 8.3%, which is about the same as the industry average. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$5.25, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 4x in the Shipping industry in the US. Total loss to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$4.86, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 3x in the Shipping industry in the US. Total loss to shareholders of 34% over the past year. Announcement • Apr 04
Himalaya Shipping Ltd. Approves Cash Dividend for March 2025, Payable on or About May 2, 2025 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.04 per share for March 2025. The distribution will be made from the Company's Contributed Surplus account. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on May 2, 2025. Record date is April 15, 2025. Payment date is On or about May 2, 2025. Due to the shortening of the Settlement Cycle in the US markets, the following dates apply to shares traded in the New York Stock Exchange: Last day including right: April 14, 2025; Ex-date: April 15, 2025; The following dates apply to shares traded on Euronext: Last day including right: April 11, 2025; Ex-date: April 14, 2025; Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about May 8, 2025. Date of approval: April 3, 2025. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: US$0.48 (vs US$0.039 in FY 2023) Full year 2024 results: EPS: US$0.48 (up from US$0.039 in FY 2023). Revenue: US$123.6m (up 236% from FY 2023). Net income: US$21.0m (up US$19.5m from FY 2023). Profit margin: 17% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Shipping industry in the US. Declared Dividend • Mar 10
Dividend of US$0.005 announced Shareholders will receive a dividend of US$0.005. Ex-date: 18th March 2025 Payment date: 22nd April 2025 Dividend yield will be 8.1%, which is about the same as the industry average. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Mar 07
Himalaya Shipping Ltd. Approves Cash Distribution for February 2025, Payable on or About April 22, 2025 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.005 per share for February 2025. The distribution will be made from the Company's Contributed Surplus account. Record date is March 19, 2025. Payment date is On or about April 22, 2025. Ex-date (New York Stock Exchange): March 19, 2025; Ex-date (Euronext):: March 18, 2025. Date of approval: March 6, 2025. New Risk • Feb 20
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). High level of non-cash earnings (39% accrual ratio). Announcement • Feb 11
Himalaya Shipping Ltd. Approves Cash Distribution for January 2025, Payable on or About March 5, 2025 Himalaya Shipping Ltd. Board has approved a cash distribution of USD 0.005 per share for January 2025. Record date: February 21, 2025; Payment date: On or about March 5, 2025. Ex-date (New York Stock Exchange): February 21, 2025; Ex-date (Euronext): February 20, 2025. Date of approval: February 10, 2025. Announcement • Jan 08
Himalaya Shipping Ltd. Approves Cash Distribution for December 2024, Payable on or About February 5, 2025 Himalaya Shipping Ltd. Board has approved a cash distribution of USD 0.005 per share for December 2024. Record date: January 21, 2024; Payment date: On or about February 5, 2025. Ex-date (New York Stock Exchange): January 21, 2025; Ex-date (Euronext): January 20, 2025. Upcoming Dividend • Dec 11
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 16 December 2024. Payment date: 03 January 2025. Trailing yield: 9.0%. Within top quartile of American dividend payers (4.3%). Lower than average of industry peers (11%). Announcement • Dec 06
Himalaya Shipping Ltd. Approves Cash Distribution for November 2024, Payable on or About January 3, 2025 Himalaya Shipping Ltd. Board has approved a cash distribution of USD 0.01 per share for November 2024. Record date: December 16, 2024; Payment date: On or about January 3, 2025. Ex-date (New York Stock Exchange): December 16, 2024; Ex-date (Euronext): December 17, 2024. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$5.54, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Shipping industry in the US. Total loss to shareholders of 4.6% over the past year. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 29 November 2024. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (5.2%). Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.24 (vs US$0.048 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.24 (up from US$0.048 loss in 3Q 2023). Revenue: US$39.2m (up 283% from 3Q 2023). Net income: US$10.7m (up US$12.6m from 3Q 2023). Profit margin: 27% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the Shipping industry in the US are expected to remain flat. Announcement • Nov 08
Himalaya Shipping Ltd. Approves Cash Distribution for October 2024, Payment Date on or About November 29, 2024 Himalaya Shipping Ltd. approved a cash distribution of USD 0.04 per share for October 2024. Record date of November 18, 2024 and Payment date On or about November 29, 2024. Ex-date of November 18, 2024. Upcoming Dividend • Oct 11
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 18 October 2024. Payment date: 31 October 2024. The average dividend yield among industry peers is 5.4%. Announcement • Oct 08
Himalaya Shipping Ltd. Approves Cash Distribution for September 2024, Payable on or About October 31, 2024 Himalaya Shipping Ltd. Board has approved a cash distribution of USD 0.10 per share for September 2024. Date of approval: October 7, 2024; Record date: October 18, 2024; Payment date: On or about October 31, 2024. Ex-date (New York Stock Exchange): October 18, 2024; Ex-date (Euronext): October 17, 2024. Announcement • Sep 06
Himalaya Shipping Ltd. Approves Cash Distribution for August 2024, Payable on or About September 30, 2024 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.07 per share for August 2024. The distribution will be made from the Company's Contributed Surplus account. Date of approval: September 5, 2024; Record date: September 17, 2024;Payment date: On or about September 30, 2024. Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: US$0.16 (vs US$0.027 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.16 (up from US$0.027 loss in 2Q 2023). Revenue: US$31.2m (up 366% from 2Q 2023). Net income: US$6.86m (up US$7.96m from 2Q 2023). Profit margin: 22% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, while revenues in the Shipping industry in the US are expected to remain flat. Upcoming Dividend • Aug 15
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 19 August 2024. Payment date: 30 August 2024. The average dividend yield among industry peers is 4.0%. Announcement • Aug 08
Himalaya Shipping Ltd. Approves Cash Distribution for July 2024, Payable on or About August 30, 2024 The board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.06 per share for July 2024. The distribution will be made from the company's Contributed Surplus account. Date of approval is August 7, 2024. Record date is August 19, 2024. Payment date is On or about August 30, 2024. Ex-date (New York Stock Exchange) is August 19, 2024. Ex-date (Euronext) is August 16, 2024. Announcement • Jul 09
Himalaya Shipping Ltd. Approves Cash Distribution for June 2024, Payable on or About July 31, 2024 The board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.05 per share for June 2024. The distribution will be made from the company's Contributed Surplus account. Date of approval is July 8, 2024. Record date is July 19, 2024. Payment date is On or about July 31, 2024. Ex-date (New York Stock Exchange) is July 19, 2024. Ex-date (Euronext) is July 18, 2024. Announcement • Jun 08
Himalaya Shipping Ltd. Declares Cash Distribution for the Month of May 2024, Payable on or About July 5, 2024 Himalaya Shipping Ltd.'s Board has approved a cash distribution of USD 0.04 per share for May 2024. The distribution will be made from the Company's Contributed Surplus account. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on July 5, 2024. Date of approval: June 6, 2024. Record date: June 17, 2024. Payment date: On or about July 5, 2024. Ex-date: June 17, 2024, its apply to shares traded in the New York Stock Exchange. Ex-date: June 14, 2024, its apply to shares traded on Euronext.. Upcoming Dividend • May 15
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 22 May 2024. Payment date: 11 June 2024. The average dividend yield among industry peers is 3.6%. Announcement • May 09
Himalaya Shipping Ltd. Approves Cash Distribution for April 2024, Payable on or About June 6, 2024 The board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.04 per share for April 2024. The distribution will be made from the company's contributed Surplus account. Date of approval is May 7, 2024. Ex-date is May 22, 2024. Record date is May 23, 2024. Payment date is on or about June 6, 2024. Announcement • Apr 09
Himalaya Shipping Ltd. Approves Cash Distribution for March 2024, Payable on or About May 3, 2024 The board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.03 per share for March 2024. The distribution will be made from the company's contributed Surplus account. Date of approval is April 8, 2024. Ex-date is April 18, 2024. Record date is April 19, 2024. Payment date is on or about May 3, 2024. Announcement • Mar 07
Himalaya Shipping Ltd. Announces Cash Distribution for February 2024, Payable on or About April 5, 2024 The Board of Himalaya Shipping Ltd. has approved a cash distribution of $0.03 per share for February 2024. Declared currency: USD. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on April 5, 2024. Date of approval is March 5, 2024. Ex-date: March 18, 2024. Record date: March 19, 2024. Payment date: On or about April 5, 2024. New Risk • Feb 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). High level of non-cash earnings (112% accrual ratio). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding). Announcement • Feb 09
Himalaya Shipping Ltd. Approves Cash Distribution, Payable on or About March 5, 2024 The Board of Himalaya Shipping Ltd. has approved a cash distribution of USD 0.01 per share for January 2024. The distribution will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Date of approval is February 7, 2024. Last day including right is February 20, 2024. Ex-date is February 21, 2024. Record date is February 22, 2024. Payment date: On or about March 5, 2024.