International Seaways Reports Second Quarter 2026 Results
International Seaways delivered record Q2 2026 financial results, with net income surging to $295 million ($5.91 per share) and shipping revenues jumping 138% year-over-year to $467 million on strong spot market rates. The company declared a record dividend of $5.05 per share, payable in September, which represents a 21% annualized yield and marks the third consecutive quarter with a payout ratio of at least 85%.
Key figures
- Eps
- 5.91
- Revenue
- 467000000
- Fcf
- 261000000
- Liquidity
- 935000000
- Net income
- 295000000
- Tce revenue
- 434000000
- Adjusted ebitda
- 345000000
- Dividend per share
- 5.05
AI analysis
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