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Pelagic Credit reports stable Q2 profits and pays first quarterly dividend

Pelagic Credit reported a standalone net profit of $663,211 for Q2 and a pre-tax profit of $1.6m for H1 2026. The company announced its first quarterly dividend of $0.04 per share (total $1.48m) and saw its fleet expand from four to nine vessels; the lease-adjusted order book stands at $107m. Pelagic Generationen recorded cash generation of around $800,000 in Q2, has used or committed $61m of the $75m raised at the IPO to date, and reported a 6.17% share price increase to $17.20. Management emphasizes predictable, largely fixed revenues and expects continued quarterly dividends; however, additional capital may be required to deliver the pipeline. » Mere på de.investing.com