2020 Bulkers declares dividend after strong September rates

2020 Bulkers Ltd. announced a robust commercial performance for September 2025, achieving an average time charter equivalent rate (TCE) of $36,600 per day, gross, across its fleet. This figure significantly surpassed the Baltic 5TC Capesize Index, which averaged $26,520 during the same period. The company's four index-linked vessels earned $37,200 per day, gross, including $1,000 in average daily scrubber benefits, while two fixed-time charter vessels earned $35,600 per day, gross, with $2,200 in average daily scrubber benefits. The company recorded 180 operational days in September 2025.

In line with its strong operational results, the board approved a dividend of $0.19 per share for September 2025. Key dates for this dividend include an ex-date of October 16, 2025, a record date of October 17, 2025, and a payment date on or about October 24, 2025. The last day including the right to the dividend is October 15, 2025.