t
Tufton Assets Limited announced on 8 May 2026 the GBP dividend rate for its upcoming payment on 20 May 2026. Shareholders who opted for GBP will receive GBP 0.01833 per share, based on an exchange rate of 0.73307 USD to the GBP, which was the mid-market rate on 7 May 2026, converting the original USD 0.025 per share.
| Date | 8 May 2026 |
| Time | 16:10:29 |
| Category | Capital structure |
| ID | 6644D |
8 May 2026
Tufton Assets Limited
Dividend Currency Rate
Following our announcement on 15 April 2026 regarding the dividend to be paid on 20 May 2026 and the option for shareholders to choose to receive this in GBP rather than USD, we confirm the dividend rate per share to be used for those who chose GBP will be GBP 0.01833 per share (i.e. USD 0.025 per share converted into GBP using an exchange rate of 0.73307 USD to the GBP, which was the mid-market rate on 7 May 2026).
- Ends -
For further information, please contact:
|
Tufton Investment Management Ltd (Investment Manager) Andrew Hampson Nicolas Tirogalas Nikos Petrakakos
|
c/o H/Advisors |
|
Singer Capital Markets James Maxwell, Alex Bond (Corporate Finance) Alan Geeves, Sam Greatrex (Sales)
|
+44 (0) 20 7496 3000 |
|
Hudnall Capital LLP Andrew Cade
|
+44 (0) 20 7520 9085 |
|
H/Advisors Olly Scott William Clutterbuck |
+44 (0) 78 1234 5205 +44 (0) 77 8529 2617 |
About the Company
Tufton Assets Limited, (LSE:SHIP) invests in a diversified portfolio of second-hand commercial sea-going vessels with the objective of delivering strong cash flow and capital gains to investors. The Company raised a total of approximately $316.5 million through its 20 December 2017 Initial Public Offering on the Specialist Fund Segment of the London Stock Exchange and via subsequent capital raises. Including the 1Q26 dividend due to be paid on 20 May 2026, the Company will have returned $205.1 million to investors since inception.
The Company's investment manager is Tufton Investment Management Ltd, a leading FCA-authorised alternative investment manager, with a focus on maritime, world trade, raw materials and energy-related investments. Tufton has managed more than $1 billion in drawn capital for institutional investors including major UK pension funds and has launched publicly listed investment vehicles. Tufton was established in 1985 and operates from offices in London, Geneva, Cyprus, and the Isle of Man.