Jinhui Shipping may declare and distribute dividends to the shareholders of the Company. Our policy aims to provide stable and consistent dividends with steady growth when supported by our earnings whilst ensuring that sufficient financial resources can be maintained to fund our business growth. In addition, the amount and timing of any dividend distributions in the future will depend, among other things, on our compliance with covenants in our credit facilities, earnings, financial condition, cash position, Bermuda law affecting the dividend distributions, restrictions in our financing agreements and other factors. As dry bulk shipping market is cyclic and volatile, it’s particularly challenging to establish a clear and predictable dividend policy. There can be no assurance that a dividend will be proposed or declared in any given year.

Five-year dividend history of Jinhui Shipping & Transportation Limited