Capital Clean Energy Carriers Corp. Plans Quarterly Dividend of $0.15 (NASDAQ:CCEC)

Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) declared a quarterly dividend on Thursday, November 6th. Investors of record on Friday, February 6th will be paid a dividend of 0.15 per share on Thursday, February 12th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, February 6th.

Capital Clean Energy Carriers has decreased its dividend by an average of 0.2%annually over the last three years.

Capital Clean Energy Carriers Trading Up 2.7%

CCEC traded up $0.53 on Friday, hitting $20.38. The company had a trading volume of 3,558 shares, compared to its average volume of 21,574. The business’s fifty day simple moving average is $21.70 and its 200 day simple moving average is $21.98. The company has a quick ratio of 1.64, a current ratio of 1.66 and a debt-to-equity ratio of 1.68. Capital Clean Energy Carriers has a 12-month low of $14.09 and a 12-month high of $24.83. The company has a market cap of $1.19 billion, a PE ratio of 6.39 and a beta of 0.59.

Capital Clean Energy Carriers (NASDAQ:CCEC) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. Capital Clean Energy Carriers had a return on equity of 10.70% and a net margin of 55.58%. Equities research analysts expect that Capital Clean Energy Carriers will post 1.66 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on CCEC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Capital Clean Energy Carriers in a research note on Tuesday, October 14th. Evercore ISI reduced their target price on shares of Capital Clean Energy Carriers from $27.00 to $26.00 and set an “outperform” rating on the stock in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Capital Clean Energy Carriers currently has an average rating of “Moderate Buy” and an average target price of $26.00.

About Capital Clean Energy Carriers

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.