Steamships Trading Company stock declares a PGK 0.35 dividend
Published on 09/30/2026 at 13:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Steamships Trading Company stock is tied to a PGK 0.35 interim dividend for the six months ended June 30, 2026, giving investors a defined payment timetable. The company also reported PGK 413.37 million in revenue for the June 2026 quarter.
Dividend timetable is clear
Steamships Trading Company announced the PGK 0.35 distribution on August 31, 2026. The dividend relates to the six-month reporting period ended June 30, 2026, with a 15.00 percent withholding tax rate and a fully unfranked status.
The ex date is October 2, 2026, followed by a record date of October 5, 2026. Payment is scheduled for October 30, 2026, while the company said the Australian dollar equivalent for non-resident Papua New Guinea shareholders depends on access to foreign currency.
June figures show lower revenue
Investing.com reports that Steamships Trading generated PGK 413.37 million in revenue, PGK 23.59 million in net income, and PGK 0.76 in earnings per share for the June 2026 quarter. Revenue was down from PGK 436.58 million in the previous quarter, while net income fell from PGK 42.22 million.
The comparison points to a sharper contraction in profit than in revenue. For investors, the dividend announcement therefore places cash distribution alongside a quarterly earnings base that was lower than the preceding period.
Operations remain diversified
Steamships Trading operates in shipping, transport, property, hospitality, and commercial activities in Papua New Guinea, according to Investing.com. Its logistics activities include coastal shipping, road transport, cargo handling, storage, vessel charters, towage, and related marine services.
The company also operates hotels, food and beverage businesses, and property assets. This mix gives the June results a broader operating context than a single-business transport report.
October dates set the next checkpoint
The dividend timetable creates the next concrete dates for SST holders: October 2, 2026 for the ex date, October 5, 2026 for the record date, and October 30, 2026 for payment. Steamships Trading announced its half-year 2026 results on August 28, 2026 through its investor-relations materials.
Steamships Trading Company at a glance
- Company: Steamships Trading Company Limited
- ISIN: PG0008892411
- Ticker: SST
- Sector / Industry: Industrials / Transportation and Logistics
- Interim dividend: PGK 0.35 per security for the six months ended June 30, 2026
- Ex date: October 2, 2026
- Payment date: October 30, 2026
