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Western Bulk Chartering AS Holds Dividend Amid Market Volatility

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Western Bulk Chartering AS Holds Dividend Amid Market Volatility

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Western Bulk Chartering AS ( (DE:7EJ) ) has shared an update.

Western Bulk Chartering AS has announced that it will not declare a dividend for the first quarter of 2025. The decision comes amid a typical seasonal pattern in the dry bulk market, with rates initially softening and then rebounding before easing again. The company maintains a bearish market outlook due to subdued conditions and low volatility, with any potential dividend for the second quarter to be announced in August.

More about Western Bulk Chartering AS

Western Bulk is a global dry bulk operator and derivatives trader registered on Euronext Growth in Oslo. The company combines maritime knowledge with trading expertise to offer tailored solutions through advanced risk management and data analytics.

Average Trading Volume: 13,548

Current Market Cap: NOK470.7M

For detailed information about 7EJ stock, go to TipRanks’ Stock Analysis page.

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