Investor Relations

Dividend Policy & History

Distribution Policy

Commitment to Consistent Quarterly Cash Returns

Our Board of Directors pursues a balanced capital allocation framework aimed at returning 50% to 70% of adjusted net operational cash flow to shareholders via quarterly cash dividends and opportunistic share buybacks, while safeguarding financial reserves for fleet renewal and decarbonization.

Quarterly Cash Schedule
50-70% Free Cash Flow Target
Zero Missed Distributions

Historical Dividend Distributions

Fiscal QuarterDividend Per ShareRecord DatePayment DateDistribution Type
Q1 2024$0.85May 15, 2024June 05, 2024Regular Cash
Q4 2023$0.80Feb 14, 2024March 02, 2024Regular Cash
Q3 2023$0.75Nov 15, 2023Dec 04, 2023Regular Cash
Q2 2023$0.75Aug 16, 2023Sept 06, 2023Regular Cash
Q1 2023$0.70May 17, 2023June 07, 2023Regular Cash