Notice of Dividend Amount • Aug 13, 2025
Notice of Dividend Amount
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2020 Bulkers Ltd. (2020) Commercial update and key information relating to the dividend for July 2025
Oslo, Norway, August 13, 2025
Commercial update:
In July 2025, the Company achieved average time charter equivalent rate
("TCE")* of approximately US$31,700 per day, gross, for the Company's vessels
trading on index-linked time charter including average daily scrubber benefits
of approximately US$1,400 per day. The Company had 186 operational days in
July 2025.
The Baltic 5TC Capesize Index averaged US$22,008 during July 2025.
*Average time charter equivalent rate, gross, ("TCE") when used by the
Company, means time charter revenues and voyage charter revenues excluding
address commission, less voyage charter expenses and adjusted from "load to
discharge" basis to "discharge to discharge" basis and divided by operational
days.
Dividend:
The Board has approved a dividend of US$0.15 per share for July 2025.
Key information:
Dividend amount: US$0.15 per share
Declared currency: US$
Date of approval: August 12, 2025
Last day including right: August 20, 2025
Ex-date: August 21, 2025
Record date: August 22, 2025
Payment date: On or about August 29, 2025
For further queries, please contact:
Lars-Christian Svensen, Chief Executive Officer, 2020 Bulkers Management AS.
Telephone +47 476 38 756
About 2020 Bulkers Ltd.
2020 Bulkers has six Newcastlemax dry bulk vessels in operation. All vessels
are fitted with exhaust scrubber systems.
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