Tufton Oceanic Assets Ltd - Guernsey, England-based investment company specialising in second-hand commercial sea vessels - Says net asset value at September 30 was $437.5 million, up 7.4% on-year from $407.5 million at the close of the third quarter of calendar 2023. Net asset value per share was $1.616, up 4.3% from $1.55 on June 30 and up 12% year-on-year from $1.381. Net asset value total return was 5.9% for the third quarter of 2024 and 16% for the first three quarters of 2024 ended September 30, compared to 2.8% net asset value total return in the third quarter of 2023.

The company declares a third-quarter dividend of $0.025 per share, up 18% year-on-year from $0.02125.

Current stock price: $1.32, down 0.8% in London on Tuesday afternoon

12-month change: up 34%

Copyright 2024 Alliance News Ltd. All Rights Reserved.