Japanese LPG carrier, tanker and bulker owner Iino is giving shareholders a special bonus to mark its 120th anniversary.
The company said its full-year dividend payment would be JPY 10 ($0.09) per share, including an extra commemorative payout of JPY 5.
This is on top of an interim dividend of JPY 5 already announced.
Iino said it wanted to express its "heartfelt appreciation for the warm support it has received from its shareholders and all other stakeholders."
The shipowner said its nine-month net earnings to 31 December were JPY 5.17bn ($47.6m) from JPY 4.13bn the year before.
The fleet of 59 ships brought in revenue of JPY 63.5bn, against JPY 60.97bn in 2017.
Iino said there were signs of a recovery for dry bulk carriers, and in chemical tankers, which have been in a slump due to an oversupply of vessels, there were signs of a modest recovery as winter approached, but uncertainties remained.
Impairment losses were posted for ships under construction in the third quarter.
Looking ahead, it said that due to pricing in deteriorating profitability due to the uncertainty of chemical tanker market conditions and higher costs, primarily for docking repairs, the group expects lower operating income.
It is forecasting earnings of JPY 4.96bn for the 12 months ending 31 March, against an actual result of JPY 4.24bn in the previous year, but lower than the earlier estimate of JPY 6.7bn.
