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home / news releases / GRIN - Grindrod Shipping: Strong Performance Shareholder Returns And A Potential Acquisition Target

GRIN - Grindrod Shipping: Strong Performance Shareholder Returns And A Potential Acquisition Target

Grindrod Shipping Holdings Ltd.
  • Grindrod Shipping has seen its earnings soar in 2021 on the back of higher charter rates for dry bulkers.
  • The company has deftly applied those earnings to pay down debt, buy back shares, and initiate a dividend policy.
  • With the retirement of the company's CEO, suggestions that the company may be acquired have been swirling around. Such a deal may be good news for shareholders.
  • Acquisition or not, Grindrod shares should see strong performance in 2022 from higher earnings and dividend visibility.

For further details see:

Grindrod Shipping: Strong Performance, Shareholder Returns, And A Potential Acquisition Target
Stock Information
Company Name: Grindrod Shipping Holdings Ltd.
Stock Symbol: GRIN
Market: NASDAQ
Website: grinshipping.com
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