Dividend Information About International Seaways: Everything You Need to Know Before Its Exdividend Date on Sep 10, 2025

Generated by AI AgentAinvest Dividend Digest
Saturday, Sep 6, 2025 7:24 pm ET1min read
INSW--
Aime RobotAime Summary

- International Seaways declared a $0.65/share dividend, payable Sep 24, 2025, exceeding its 10-year average of $0.48.

- A new $5-year bond issue aims to refinance Ocean Yield obligations and enhance liquidity, reflecting proactive financial management.

- Despite softer August 2025 earnings, the company maintained regular dividends and attracted new investment from Encompass Capital, signaling resilience.

- The Sep 10 ex-dividend date marks the final eligibility cutoff for the increased payout, emphasizing shareholder focus amid market volatility.

International Seaways, Inc. (INSW) has announced a cash dividend of $0.65000000 per share, to be paid on Sep 24, 2025, with an ex-dividend date set for Sep 10, 2025. The announcement was made on Aug 5, 2025, and this upcoming payout is notably higher than the average of the last 10 dividend payments, which stood at $0.48176471 per share. This is the second cash dividend declared by the company this year, following a payout of $0.12000000 per share on Jun 26, 2025. The company continues to emphasize its commitment to maintaining regular dividend distributions while managing liquidity and investor returns in a volatile market environment.

Over the past week, International SeawaysINSW-- has made significant strides in reshaping its capital structure, with the announcement of a new five-year, US dollar-denominated senior unsecured bond issue. The offering, which will be used to refinance its Ocean Yield sale-and-leaseback agreement and for general corporate purposes, reflects the company’s proactive approach to liquidity management and financial flexibility. Investors have noted that while the move does not directly impact the company’s immediate catalysts—such as trade route expansion—it reinforces its ability to maintain operational stability amid shifting market conditions. This strategic refinancing aligns with the company’s broader efforts to preserve balance sheet strength and support long-term growth objectives.

As of late, the company also reported its August 2025 earnings update, which showed softer year-on-year revenue and earnings figures but continued its regular and supplemental dividend payments. This update has been viewed as a positive indicator of the company’s resilience and its focus on maintaining liquidity and rewarding shareholders even amid market uncertainty. Additionally, Encompass Capital Advisors LLC has recently entered the ownership picture, purchasing a new position in INSWINSW-- shares during the first quarter of 2025, signaling confidence in the company’s long-term prospects. These developments have contributed to a renewed focus on International Seaways’ financial health and its ability to navigate structural risks tied to its spot market exposure.

International Seaways’ upcoming ex-dividend date of Sep 10, 2025, marks the last day for investors to purchase the stock and be eligible for the $0.65000000 per share dividend. Any purchase made on or after this date will not qualify for the distribution. As the company continues to refine its capital structure and navigate industry headwinds, the focus remains on its capacity to generate stable returns while maintaining a strong balance sheet.

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