London - November 15, 2018
Stolt-Nielsen Limited (Oslo BÝrs: SNI) announced today that the Company's Board of Directors approved the payment of an interim dividend of $0.25 per Common Share. The dividend is payable on December 12, 2018 to shareholders of record as of November 28, 2018. The shares will trade ex-dividend on and after November 27, 2018.
Mr. Niels G. Stolt-Nielsen, Chief Executive Officer of Stolt-Nielsen Limited, said, "The Board's decision to maintain the dividend at $0.25 per Common shares was driven by the continued weak chemical tanker market and the uncertainty related to the timing of its recovery."
About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of integrated transportation solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids through its three largest business divisions, Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-Nielsen Gas invests in opportunities in LPG and LNG shipping and distribution. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.
Stolt-Nielsen S.A. press release