Tag Archives: OSP

OSP to pay distribution

By Tim | Published: July 30, 2009
OK, I missed this one this morning. OSG America L.P. OSP declared a 2nd quarter distribution of 37.5¢ for the 2nd quarter. The record date is August 7. My first clue was when I looked at the stock price and it was trading for $8.40 per share. Tough to get there when the mother company [...]
Posted in Tanker | Also tagged | Leave a comment

Interesting move by OSG

By Tim | Published: July 30, 2009
http://ir.osg.com/phoenix.zhtml?c=82053&p=irol-newsArticle&ID=1313976&highlight Overseas Shipholding Group OSG has announced they want to purchase the remaining units of OSG America L.P. OSP. The offer is for $8.00 per share, about 12% above the recent average price. The reason for the purchase is interesting and shows the company’s interest in their shareholders: Morten Arntzen, President and CEO said, “While we continue [...]
Posted in Tanker | Also tagged | Leave a comment

Quality of Dividends, Part V

By Tim | Published: July 16, 2009
Once again I will continue working my way through my list of dividend paying shipping stocks. The purpose of these articles is to give you an idea of the amount and stability of the distributions of these companies. I am going through the list in alphabetical order: OSG America L.P. OSP is a U.S. flagged transporter [...]
Posted in Dry Bulk, Featured, Tanker | Also tagged , | Leave a comment

Shipping Stocks dividends 2009, Part V

By Tim | Published: June 11, 2009
Today I finalize my reverse countdown of the dividend paying shipping stocks for the 1st half of 2009. This has been a 5 article review of the 25 shipping stocks that made distributions so far this year. Here are the payors 21 through 25 on my list. The stocks are listed in this order: Company and [...]
Posted in Dry Bulk, Featured, Other, Tanker | Also tagged , , , | Leave a comment

Shipping Stocks Performance Year-to-Date

By Tim | Published: March 27, 2009
It is (almost) the end of the first quarter of 2009 so I thought I would put up a little data on how the shipping stocks I track have fared. I keep a Google portfolio that has been tracking the values of 42 shipping stocks on an equal dollar weighted average since January 1, 2009. [...]
Posted in Container, Dry Bulk, Featured, Other, Tanker | Also tagged , , , , , , , , , , , , | 5 Comments