Western Bulk Chartering AS proposed a total dividend of NOK 17.23 per share will be distributed from profits from the financial year commencing 1 January 2021 and ending 31 December 2021 at its Annual General Meeting to be held on 17 March 2022. The dividend will be distributed to registered shareholders as per 22 March 2022 and the expected payment date shall be 29 March 2022.

The Company implements a new dividend policy whereas from the first quarter of 2022, a minimum 80% of net profit shall be paid in quarterly dividend payments, subject to sufficient free liquidity and working capital to support such payment.