Himalaya Shipping Ltd. Announces Ex-Cash Distribution

Himalaya Shipping Ltd. (HSHP), a prominent marine shipping company listed on Oslo Bors ASA, has recently announced an ex-cash distribution of US$0.025 on Euronext. This move is part of the company’s ongoing strategy to reward its shareholders and reflects its stable financial performance in the competitive dry bulk shipping sector.

Himalaya Shipping Ltd. specializes in transporting major bulk commodities, including iron ore, coal, and bauxite. The company’s operations are crucial in supporting global supply chains, particularly in industries reliant on these raw materials.

Financial Overview

The company’s stock has experienced significant fluctuations over the past year. It reached a 52-week high of NOK 103.6 on June 2, 2024, and a low of NOK 43 on April 6, 2025. As of May 25, 2025, the closing price was NOK 56.3, with a slight increase to NOK 56.9 following the announcement of the ex-cash distribution.

Himalaya Shipping Ltd. boasts a market capitalization of NOK 249,130,000. The company’s financial metrics include a price-to-earnings ratio of 11.73 and a price-to-book ratio of 1.6. These figures provide insight into the company’s valuation and financial health, indicating a balanced approach to growth and shareholder value.

The ex-cash distribution is a testament to Himalaya Shipping Ltd.’s commitment to maintaining a robust financial position while ensuring shareholder returns. As the company continues to navigate the dynamic maritime industry, its strategic initiatives and financial prudence are expected to support sustained growth and stability.