Ardmore Shipping (ASc) Declares $0.10 Quarterly Dividend; 3.2% Yield

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Ardmore Shipping Announces Declaration of Dividend

July 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 June 30, 2015. The cash dividend is payable on August 14, 2015 to all shareholders of record on July 31, 2015.

In April 2015, Ardmore adopted a Dividend Reinvestment Plan (DRIP), which 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... More