2020 Bulkers reports strong August TCE, declares $0.20 dividend

2020 Bulkers Ltd. reported an average time charter equivalent (TCE) rate of approximately $37,100 per day, gross, for August 2025. This performance significantly outpaced the Baltic 5TC Capesize Index, which averaged $25,741 during the same period. The company's four index-linked vessels achieved $37,300 per day, gross, including $1,200 in average daily scrubber benefits, while its two fixed time charter vessels earned $36,800 per day, gross, with $2,600 in average daily scrubber benefits. The company recorded 186 operational days in August.

In light of this strong commercial update, the Board of Directors approved a dividend of $0.20 per share for August 2025. This dividend was approved on September 8, 2025.

Key dates for shareholders include September 15, 2025, as the last day including right, with the ex-date set for September 16, 2025. The record date is September 17, 2025, and payment is scheduled on or about September 24, 2025. 2020 Bulkers Ltd. operates six Newcastlemax dry bulk vessels, all equipped with exhaust scrubber systems.