Okeanis Eco Tankers Corp. (NYSE:ECO) Raises Dividend to $5.25 Per Share

Posted by Francis Steltz on Aug 5th, 2026

Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) announced a quarterly dividend on Tuesday, August 4th. Shareholders of record on Friday, August 14th will be given a dividend of 5.25 per share on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 34.3%. The ex-dividend date of this dividend is Friday, August 14th. This is a 162.5% increase from Okeanis Eco Tankers’s previous quarterly dividend of $2.00.

Okeanis Eco Tankers Stock Up 3.5%

NYSE:ECO traded up $2.06 during trading hours on Wednesday, hitting $61.28. 845,202 shares of the company traded hands, compared to its average volume of 482,004. The company has a market cap of $2.39 billion, a PE ratio of 10.82 and a beta of -0.15. The company has a quick ratio of 1.56, a current ratio of 1.70 and a debt-to-equity ratio of 0.75. The firm’s 50-day simple moving average is $53.30 and its 200-day simple moving average is $50.12. Okeanis Eco Tankers has a one year low of $23.82 and a one year high of $63.67.

Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $5.91 EPS for the quarter, topping analysts’ consensus estimates of $4.61 by $1.30. The firm had revenue of $268.14 million during the quarter, compared to analyst estimates of $220.28 million. Okeanis Eco Tankers had a return on equity of 37.13% and a net margin of 41.26%. Equities analysts predict that Okeanis Eco Tankers will post 9.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ECO shares. Zacks Research cut shares of Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Clarkson Capital cut Okeanis Eco Tankers from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Wall Street Zen lowered Okeanis Eco Tankers from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. B. Riley Financial upped their target price on Okeanis Eco Tankers from $55.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, Pareto Securities lowered Okeanis Eco Tankers from a “buy” rating to a “hold” rating and set a $57.50 price objective on the stock. in a report on Monday, May 25th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $59.52.

View Our Latest Stock Analysis on ECO

Okeanis Eco Tankers Company Profile

(Get Free Report)

Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.

As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.