Ardmore Shipping (ASC) Declares $0.10 Quarterly Dividend; 3.8% Yield

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Go back to Ardmore Shipping (ASC) Declares $0.10 Quarterly Dividend; 3.8% Yield

Ardmore Shipping Announces Declaration of Dividend and Reminds Investors of Initial Dividend Reinvestment Plan Enrollment

April 15, 2015 8:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Ardmore Shipping Corporation (NYSE: ASC) (Ardmore or the Company) today announced that its Board of Directors has declared a cash dividend of $0.10 per share for the quarter ending March 31, 2014. The cash dividend is payable on May 15, 2015 to all shareholders of record on April 30, 2015.

The DRIP, which Ardmore adopted on April 2, 2015, enables participants to obtain additional common shares of the Company by automatically reinvesting all or any portion of the cash dividends paid on common shares held by the DRIP participant.

Any beneficial holders of Ardmores common shares who are... More