Navigator Holdings Ltd. Declares Cash Dividend on Common Stock for the Quarter Ended September 30, 2023, Payable on December 21, 2023
November 13, 2023 at 05:30 pm EST
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On November 13, 2023, the Board declared a cash dividend of $0.05 per share of the common stock of Navigator Holdings Ltd., for the quarter ended September 30, 2023 (the ?Dividend?). The Dividend will be payable on December 21, 2023, to all shareholders of record as of the close of business New York time on December 7, 2023 which would have equated to a quarterly dividend payment of $3.7 million.
Navigator Holdings Ltd. is a United Kingdom-based owner and operator of liquefied gas carriers. The Company is engaged in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (LPG) and ammonia. It also owns a 50% share in an ethylene export marine terminal at Morganâs Point, Texas on the Houston Ship Channel, United States. The Companyâs fleet consists of 56 semi-or fully refrigerated liquefied gas carriers, 25 of which are ethylene and ethane capable. The Company plays a role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders with its vessels. Its services include Maritime Logistics, Ship Shore Infrastructure and Consultancy, New Trends. It unlocks the possibilities of participating in global trade flows of liquefied gases, including propane, butane, ethane and petrochemical gases, such as ethylene, propylene and butadiene, and ammonia.