Hafnia Raises Quarterly Dividend 73.61% to $0.50

Hafnia Limited (NYSE: HAFN) raised its quarterly dividend to $0.50 per share from $0.288, an increase of 73.61%. The product-tanker operator’s shares traded ex-dividend on Sept. 8, 2026.

The increase follows a stronger second quarter for the Singapore-based company. Hafnia reported net profit of $277.8 million, up from $75.3 million in the comparable period, while time-charter-equivalent earnings rose to $372.9 million from $231.2 million. Management said disruptions in the Persian Gulf and Red Sea fragmented global trade and lengthened some shipping routes, supporting the tanker market. Hafnia’s second-quarter SEC filing

Hafnia’s leverage also declined during the quarter, placing the company in the highest distribution tier under its dividend framework. That framework links quarterly distributions to adjusted net profit and the company’s net loan-to-value ratio, meaning payments can move materially with earnings and balance-sheet conditions. Hafnia’s investor overview

The company owns and operates product and chemical tankers that transport oil, refined products and chemicals. Its integrated platform also provides technical management, chartering, pool management and bunker-procurement services. Hafnia’s second-quarter SEC filing

Dividend record

The latest increase does not constitute an established annual dividend-growth streak. Hafnia has zero consecutive growth years in the supplied record and previously reduced its dividend in 2025. That history reflects the variability commonly associated with an earnings-linked distribution policy rather than a steadily rising fixed payout.

What it means for income investors

Based on the supplied share price of $9.16, Hafnia’s indicated forward annual yield is 12.4%, with annual dividends of $1.11 per share. The company has a dividend safety score of 52 out of 100, corresponding to a C grade.

The higher quarterly payment increases near-term cash income, but the absence of a growth streak and the prior cut are important context. Future distributions remain exposed to tanker freight rates, operating earnings and leverage under Hafnia’s stated payout framework.