Taylor Maritime Investments Limited (TMIP): Return of capital and special dividend
This situation live
TMIP Taylor Maritime Investments Limited
22 Jan 2026 · proposed · +1% until the next step
We have greatly reduced our market exposure and set in motion a substantial $143.4 million return of capital to shareholders as we see potential downside to asset values.
20 Mar 2026 · announced · −8% until the next step
the Board believes that it is in shareholders' best interests to continue to pursue the managed realisation of the Company's assets.
Return of capital and special dividend
paid · paid out
Kindreturn of capital
Amount$143.4m
As of 6 Oct 2026 ↗
Since Oct 2023: 124 situations of this kind – paid out 65%, went quiet 35%; median share price +5% six months after they opened
OCT26
Next: Present plans for cancellation of listing after December redemption in 1 day
Every step · 9
- 12 Dec 2025 proposed – Having liquidated a large portion of the fleet through 2025 to protect against short-term downside risk and preserve shareholder value, we have greatly... ↗
- 12 Dec 2025 proposed – Having liquidated a large portion of the fleet through 2025 to protect against short-term downside risk and preserve shareholder value, we have greatly... ↗
- 22 Jan 2026 proposed – The Board has resolved to make a capital distribution totalling US$ 143,395,682 to the Company's shareholders by way of a compulsory partial redemption of... ↗
- 22 Jan 2026 proposed – We have greatly reduced our market exposure and set in motion a substantial $143.4 million return of capital to shareholders as we see potential downside to... ↗
- 22 Jan 2026 announced – We have greatly reduced our market exposure and set in motion a substantial $143.4 million return of capital to shareholders as we see potential downside to... ↗
- 20 Mar 2026 announced – the Board believes that it is in shareholders' best interests to continue to pursue the managed realisation of the Company's assets. ↗
- 20 Mar 2026 completed – the Board believes that it is in shareholders' best interests to continue to pursue the managed realisation of the Company's assets. ↗
- 23 Jun 2026 proposed – These further sales underline our commitment to delivering an efficient and orderly asset realisation, preserving value for shareholders through timely deal... ↗
- 6 Oct 2026 paid – Following the return of $45 million to shareholders in July 2026, the Board is pleased to announce its intention to undertake a fourth return of capital of... ↗
What is happening
Taylor Maritime Investments Limited: Return of capital and special dividend – paid. ['paid']
- In short
- Capital is returned through compulsory redemptions rather than dividends. No additional dividend is declared following the 24 April 2026 policy change. Substantially all capital is expected to be returned after the December redemption, followed by plans to cancel the listing.
- Announced
- 12 Dec 2025 · proposed
- Latest
- 6 Oct 2026 · proposed
- Trigger
- Completion of the three vessel sales, expected by 30 September 2026
- Amount
- $45.0m fourth compulsory partial redemption
- Timing
- November 2026
- Kind
- Partial compulsory redemption of ordinary shares
- Next milestone
- Redemption price, timetable and terms with the quarterly trading update later in October 2026
- Price
- 81.19 US cents per share; 55,425,545 shares redeemed
- Effective date
- 26 October 2026
- Total returned
- $263.4m since January 2026; $1.23 per IPO share in total distributions since IPO
What comes next
Present plans for cancellation of listing after December redemption (26 Oct 2026).
From the company's own announcements. Not investment advice.
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