Navigator Q1 FY26 net income rises 31.2% to USD 35.5 million; revenue falls 7.1% to USD 140.6 million
Navigator Holdings Ltd.
Navigator Holdings Ltd. NVGS | 0.00 |
- Navigator Holdings Ltd. posted net income attributable to stockholders of USD 35.5 million, up 31.2%, while basic earnings per share rose to USD 0.55.
- Total operating revenues fell 7.1% to USD 140.6 million, while operating income increased 10% to USD 43.5 million.
- Cash dividend of USD 0.07 per share declared for quarter, payable June 10; aggregate dividend expected to total about USD 4.3 million.
- Board raised capital return target to 35% of net income from 30%, effective for quarter ending June 30; policy retains fixed quarterly dividend of USD 0.07 per share.
- Signed non-binding letter of intent to sell eight Unigas vessels plus Unigas B.V. stake for about USD 183 million, targeting closing in fourth-quarter 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navigator Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605060755PRIMZONEFULLFEED9714248) on May 06, 2026, and is solely responsible for the information contained therein.
