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EARNINGS PER SHARE AND DIVIDEND PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2019
EARNINGS PER SHARE AND DIVIDEND PER SHARE |
Schedule of earnings per share |
|  | 2019 |  | 2018 |  | 2017
EARNINGS PER SHARE |  |  |  |  |  |
Net profit/(loss) for the year (USDm) |  | 166.0 |  | (34.8) |  | 2.4
Million shares |  |  |  |  |  |
Weighted average number of shares |  | 74.3 |  | 73.4 |  | 62.3
Weighted average number of treasury shares |  | (0.3) |  | (0.3) |  | (0.3)
Weighted average number of shares outstanding |  | 74.0 |  | 73.1 |  | 62.0
Dilutive effect of outstanding share options |  | 0.0 |  | — |  | —
Weighted average number of shares outstanding incl. dilutive effect of share options |  | 74.0 |  | 73.1 |  | 62.0
Basic earnings/(loss) per share (USD) |  | 2.24 |  | (0.48) |  | 0.04
Diluted earnings/(loss) per share (USD) |  | 2.24 |  | (0.48) |  | 0.04
Schedule of dividend per share |
|  | 2019 |  | 2018 |  | 2017
DIVIDEND PER SHARE |  |  |  |  |  |
Dividend for the year (USDm) |  | 7.4 |  | — |  | 1.2
Number of shares, end of period (million) |  | 74.7 |  | 74.2 |  | 62.3
Dividend per share |  | 0.10 |  | — |  | 0.02

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