Himalaya Shipping Ltd. (NYSE:HSHP - Get Free Report) announced a monthly dividend on Monday, June 9th, Wall Street Journal reports. Stockholders of record on Wednesday, June 18th will be paid a dividend of 0.03 per share on Thursday, July 3rd. This represents a $0.36 annualized dividend and a dividend yield of 5.50%. The ex-dividend date is Tuesday, June 17th. This is a 20.0% increase from Himalaya Shipping's previous monthly dividend of $0.03.
Himalaya Shipping Stock Up 0.6%
Shares of NYSE:HSHP traded up $0.04 during trading on Thursday, hitting $6.55. The company's stock had a trading volume of 75,052 shares, compared to its average volume of 133,926. The company has a market capitalization of $261.15 million, a PE ratio of 13.65 and a beta of 2.01. Himalaya Shipping has a fifty-two week low of $4.29 and a fifty-two week high of $9.27. The company has a debt-to-equity ratio of 4.34, a quick ratio of 0.87 and a current ratio of 0.87. The stock's 50-day moving average price is $5.37 and its two-hundred day moving average price is $5.29.
Himalaya Shipping (NYSE:HSHP - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.02. Himalaya Shipping had a return on equity of 13.36% and a net margin of 17.03%. The company had revenue of $21.90 million for the quarter, compared to analyst estimates of $31.18 million.
About Himalaya Shipping
(
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Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.
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