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Oslo, Norway – An investment linked to Morten Astrup is set to significantly increase its dividend payouts, potentially more than tripling them, fueled by soaring tanker rates. The anticipated surge in returns comes as the company prepares to distribute its first dividend in the fourth quarter of this year, according to recent reports.
The investment, centered around rig company Jacktel, has benefited from a robust market for oil tankers, leading to substantial gains. Astrup indicated that if all options are exercised, the company could distribute approximately 75 percent of its market value in dividends over the next three years. This potential payout has drawn considerable attention within the financial sector, signaling a potentially lucrative return for investors.
Dividend Prospects Driven by Tanker Market
The positive outlook is directly tied to the current state of the tanker market. High tanker rates are a key driver of the projected dividend increase. According to reports from late July and August 2025, Astrup highlighted the potential for substantial returns from the rig investment. Specifically, he suggested the possibility of distributing nearly 75 percent of the market capitalization as dividends over a three-year period, contingent on the full exercise of options. Finansavisen reported on this potential payout on July 29, 2025.
First Dividend Payment Expected This Year
The company is on track to deliver its inaugural dividend payment in the final quarter of 2025. Finansavisen detailed this timeline on August 26, 2025, noting Astrup’s comments regarding the rig investment Jacktel. This marks a significant milestone for the investment and signals confidence in its future performance.
Broader Economic Context
The news arrives amidst ongoing discussions about Norway’s state budget. Nikolai Astrup, a member of the Høyre party, recently commented on the budget, stating it offers limited contribution to economic growth. Finansavisen TV reported on this assessment on October 15, 2025. Although seemingly separate, these economic discussions provide a broader context for investment performance within the Norwegian economy.
The anticipated dividend increase reflects a positive trend in the energy sector, particularly within the tanker market. The ability to distribute such a significant portion of market value as dividends underscores the strength of the underlying assets and the favorable market conditions. Investors will be closely watching the company’s performance in the coming quarters to see if these projections materialize.
Looking ahead, the full realization of these dividend expectations hinges on the successful exercise of all options and the continued strength of tanker rates. The company’s performance in the fourth quarter of 2025 will be a key indicator of its ability to deliver on its promises. Further developments in the global energy market and the broader economic landscape will also play a crucial role in shaping the investment’s future.
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