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Hi, everyone. I'm Oystein Kalleklev, CEO of Flex LNG. And today, we are presenting our second quarter results. So let's review the highlights. Revenues came in at $86.7 million, in line with our guidance of $85 million to $90 million. This resulted in strong earnings, net income of $39 million or $0.73 per share. In the adjusted numbers, we only include the realized gains on derivatives. So our adjusted net income came in at $28.2 million or $0.53 per share. During the quarter, we took three ships out of service for the scheduled drydocking, and we completed all of them during second quarter according to time and budget. This means we have carried out the full drydocking schedule for the year with four ships being dry-docked in the first half of the year. And of course, this drydocking of three ships in the second quarter is the main reason why revenues are lower in the second quarter than first quarter.
However, with all the drydockings done for the year, we expect revenues to pick up in line with the guidance we provided in February. Revenues for Q3 and Q4 are expected to be $90 million to $95 million and $90 million to $100 million, respectively, where the main uncertainty is the spot level, which is affecting the one ship we have on variable time charters. That also means we should be on track for the guidance of the year, $370 million of revenues, with adjusted EBITDA of $290 million to $295 million. We're also pleased today to announce that Cheniere has utilized the option as expected to extend Flex Vigilant by 200 days from Q4 2030 to middle of 2031.
As some of you might recall, we extended three ships with Cheniere last year, and they had an early option to extend Vigilant by these 200 days and then get the option for a further 2-year extension. So with this extension, we have in total now 54 years of minimum firm backlog. And if charters are utilizing the extension option, this will bring that number up to 80 years in total. So with very strong earnings visibility, a very strong financial position with $450 million of cash and no debt maturities prior 2028 after we completed the refinancing process, we are declaring a dividend of $0.75 per share, bringing the dividend the last 12 months to $3.25 per share. We should provide our investors with a very attractive yield of 10%.
Okay. Before we leave, don't forget our Q&A session. As usually, we have some nice gift for the best question. We have a new set of Flex LNG shades. As we have completed the docking schedule for the year, you can also get this nice Flex boiler suit, which is perfect for doing some home improvements or home maintenance. And lastly, we are in great financial shape, so we have a nice running t-shirt to you, just flex it. You can win that as well. Remember, tune in on our webcast, 3:00 Central European Time, 9:00 Eastern Standard Time. Thank you.