- 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