Euronav will pay dividends to shareholders every quarter

Belgian tanker shipping company Euronav aims to pay out 80 percent of its profit in dividends to shareholders. The announcement comes at a time when tanker rates are strengthening.

Hugo de Stoop er topchef i Euronav. | Photo: PR / Euronav

Owning shares in Belgian tanker ship operator Euronav could become a profitable business, as the company plans to pay out a bigger part of its earnings to investors.

Starting with the 2019 result and going forward, Euronav aims to pay out 80 percent of its profit as dividends to its shareholders, says the company in an update.

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