Third Point Offshore declares dividend

Third Point Offshore Investors said it had approved a fifth annual dividend of around 4% of the net asset value of its shares.

It declared a dividend in US dollar terms of 81 cents and in Sterling of 77p.

The declaration was in line with the company’s current dividend policy of paying a cash dividend of 4-5% of NAV.

At 9:40am: (LON:TPOG) Third Point Offshore Investors Ltd share price was +25p at 1605p