Ocean Yield reported a slight decline in net profit while increasing its dividend for the 16th consecutive quarter.
The Oslo-listed company posted earnings of $31.3m for the third quarter, down from net profit of $32.7m a year earlier. Revenue came in at $88.8m, up from $76.2m during the same period last year.
"With a strong balance sheet and liquidity position, we are actively pursuing opportunities in the market to further diversify our charter backlog and increase our dividend capacity," chief executive Lars Solbakken said.
