Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 326

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 326
---

will be
3 years.
f)
Common

Stock

Dividend:
On

February 25,

2025,

the

Company

declared

a

cash

dividend

on

its
common stock

of $
0.01
per share,

based on

the Company’s

results of

operations during

the fourth
quarter

ended

December

31,

2024.

The

cash

dividend

will

be

paid

on

March

21,

2025,

to

all
shareholders of record as of March 12, 2025.
g)
Joint Venture

agreement:
On March

12, 2025,

the

Company,

through a

wholly owned

subsidiary
Diana Gas

Inc., entered

into a

joint venture

agreement with

Ecogas Holding AS,

pursuant to

which
we

agreed to

contribute $
18.5
million, being
80.0
%

interests of
two
LPG newbuilding

vessels

with
delivery in 2027 and with the option for
two
more.