Westshore Terminals (TSE:WTE) has released an update.
Westshore Terminals Investment Corporation has increased its quarterly dividend to $0.375 per share and declared a special one-time dividend of $0.35 per share, both payable by mid-April 2024. Despite a decrease in shipping volumes in early 2024 compared to the previous year, the company projects a total throughput of 25.5 million tonnes for the year with an estimated average loading charge of $13.40.
For further insights into TSE:WTE stock, check out TipRanks’ Stock Analysis page.