Euroseas Ltd. (NASDAQ:ESEA – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Tuesday, June 9th will be given a dividend of 0.80 per share by the shipping company on Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Tuesday, June 9th. This is a 6.7% increase from Euroseas’s previous quarterly dividend of $0.75.
Euroseas has a dividend payout ratio of 26.3% meaning its dividend is sufficiently covered by earnings.
Euroseas Stock Up 0.7%
ESEA stock opened at $66.43 on Friday. Euroseas has a fifty-two week low of $39.59 and a fifty-two week high of $78.76. The business’s 50-day moving average is $68.37 and its two-hundred day moving average is $62.21. The company has a debt-to-equity ratio of 0.39, a quick ratio of 5.38 and a current ratio of 5.46. The company has a market cap of $469.00 million, a price-to-earnings ratio of 3.50 and a beta of 0.49.
Euroseas Company Profile
Euroseas Ltd. (NASDAQ: ESEA) is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.
Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.
Recommended Stories
- Five stocks we like better than Euroseas
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Receive News & Ratings for Euroseas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euroseas and related companies with MarketBeat.com's FREE daily email newsletter.
