Business Context and Reporting Period
Company: International Seaways, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 28, 2022
Reporting Period: First Quarter 2022 (Dividend Declaration)
Key Financial Metrics
This filing does not contain comprehensive financial statements. The only specific financial metric disclosed is the dividend declaration.
- Quarterly Cash Dividend: $0.06 per share
- Record Date: March 14, 2022
- Payment Date: March 28, 2022
Note: Revenue, profit, cash flow, margins, debt, and liquidity figures are not provided in this specific filing.
Material Changes
No material changes to financial performance or operations are reported in this document. The filing solely announces the Board of Directors' declaration of a quarterly cash dividend pursuant to the company's dividend policy.
Guidance, Outlook, and Risks
Management Commentary: The dividend declaration aligns with the company's established dividend policy.
Guidance/Outlook: No forward-looking guidance or outlook is provided in this filing.
Risks/Contingencies: No specific risks or contingencies are detailed in this report.
Investor Verification Checklist
- Verify the dividend amount ($0.06) and payment schedule against the company's historical dividend policy.
- Confirm the record date (March 14, 2022) to ensure eligibility for the upcoming payment.
- Review the company's most recent 10-Q or 10-K for comprehensive financial data (revenue, debt, liquidity) as this 8-K does not contain those metrics.