DryShips axes dividend but cranks up share repurchases
Nasdaq-listed DryShips has returned to second-quarter profitability but has suspended its dividend, preferring instead to spend free cash on a stock repurchase programme. The owner of 36 ships charted year-on-year improvements in its time charter equivalents across the dry bulk, tanker and gas carrier segments
Diversified shipping company posts second-quarter profit versus loss in 2017
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