Cool Company: Is The 13.7% Yield Post-Q2 Worth Grabbing? [Seeking Alpha]
Cool Company Ltd. Common Shares (CLCO)
Company Research
Source: Seeking Alpha
Follow Summary Cool Company reported Q2 2024 revenues of $83.4 million, driven by strategic long-term charters and efficient fleet management, despite some operational challenges. The company's fleet modernization, with the upcoming delivery of two new vessels, positions it well to capitalize on growing global LNG demand, particularly in Asia. The massive 13.7%-yielding dividend remains well-covered, and is likely to remain so. I do much more than just articles at Wheel of Fortune: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » alvarez Cool Company ( NYSE: CLCO ) is currently offering one of the most attractive dividend yields among shipping equities at about 13.7%. The LNG transportation giant, with 11 vessels on its roster, posted its Q2 results on Thursday. The company showed strong numbers and kept the dividend steady, which was a big relief for investors. The stock has risen since, especially after some recent drama aro
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CLCO
News
- Cool Company Ltd.: 2024 AGM Results NotificationBusiness Wire
- The COOL Company Ranked Number 314 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™ [Yahoo! Finance]Yahoo! Finance
- Key Information Relating to the Cash Dividend to Be Paid by Cool Company LtdBusiness Wire
- Cool Company Ltd. Q3 2024 Business Update [Yahoo! Finance]Yahoo! Finance
- Cool Company Ltd. Q3 2024 Business UpdateBusiness Wire
CLCO
Sec Filings
- 11/21/24 - Form 6-K
- 10/25/24 - Form SC
- 9/25/24 - Form 6-K
- CLCO's page on the SEC website