June 4th rate: $28,000 (approx., based on TonMileTrader.com)
2Q 2010 average through June 4th: $33,458
Commodities going in the toilet, but it looks like a daily average of at least $30,000-ish for Q2 should be in the bag.
May 7th rate: $28,502
2Q 2010 Average through May 7th: $31,565
I was looking for a Q1 div of $0.57 - $0.60 based on the Q1 spot rate average, so it really is a fairly simple calc.
TCE-rate - Annual Dividends
$11,000 - $0.00 per share
$21,000 - $1.51 per share
$31,000 - $3.02 per share
$41,000 - $4.53 per share
$51,000 - $6.04 per share
$61,000 - $7.55 per share