# PLGC Q2 Report 2026 Presentation.pdf

- Press release: Pelagic Credit Plc - Second quarter results 2026 (2026-08-03)
- Original: https://api3.oslo.oslobors.no/v1/newsreader/attachment?messageId=678947&attachmentId=330393
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** Pelagic Credit reported a strong H1 2026 with $1.6 million in profit before tax, $60.8 million in capital deployed across new chemical tanker and Handysize bulker projects, and declared its first quarterly dividend of $0.04 per share, supported by a robust $107.1 million lease-adjusted revenue backlog.

## Takeaways
- **Profit Before Tax:** Pelagic Credit achieved $1.6 million in profit before tax for H1 2026.
- **Capital Deployed:** The company deployed $60.8 million in capital, including new investments in 2 chemical tankers and 3 Handysize bulk carriers.
- **Revenue Backlog:** Pelagic Credit boasts a strong lease-adjusted revenue backlog of $107.1 million.
- **Dividend Declaration:** A first quarterly dividend of $0.04 per share (totaling $1.5 million) was declared.
- **Project-level Dividend Yield:** The portfolio exhibits a 14.0% project-level dividend yield.
- **Average Charter Tenor:** The average remaining charter tenor for the portfolio stands at 5.1 years.

*Generated 2026-09-25 via google/gemini-2.5-flash*