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Rickmers Maritime: DPU in Q3 down 5%.

Saturday, November 13, 2010

Mainboard-listed Rickmers Maritime said the dip is because of lower charter revenue from containership Kaethe C. Rickmers, as well as an increase in interest costs.

Read article here


Rickmers Maritime Trust says it will distribute 0.57 US cents (0.74 cents) per unit to unitholders for the third quarter and nine months ended 30 September 2010 (3Q2010), the same DPU as in 2Q2010.

The declared distribution, representing a payout of 13% of income available for distribution, will be paid to unitholders on 15 December 2010.


2 comments:

Anonymous said...

Pretty much an expected set of results. De-leveraging has begun !

Cheers
Nick

AK71 said...

Hi Nick,

Indeed. I am sure you would make some good money here. :)

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