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Okeanis Eco Tankers Corp. (NYSE:ECO) Plans $0.32 Dividend

Okeanis Eco Tankers logo with Transportation background

Okeanis Eco Tankers Corp. (NYSE:ECO - Get Free Report) declared a dividend on Saturday, May 31st, investing.com reports. Stockholders of record on Wednesday, June 4th will be given a dividend of 0.32 per share on Thursday, June 12th. This represents a dividend yield of 9.52%. The ex-dividend date is Tuesday, June 3rd.

Okeanis Eco Tankers Stock Performance

Shares of Okeanis Eco Tankers stock traded down $0.04 during trading hours on Monday, reaching $23.29. The company had a trading volume of 142,331 shares, compared to its average volume of 148,894. Okeanis Eco Tankers has a one year low of $17.91 and a one year high of $36.69. The business has a fifty day simple moving average of $22.41 and a 200 day simple moving average of $22.39. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.64 and a quick ratio of 1.34. The firm has a market cap of $749.73 million, a PE ratio of 6.89 and a beta of -0.05.

Okeanis Eco Tankers (NYSE:ECO - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.12. Okeanis Eco Tankers had a net margin of 27.68% and a return on equity of 25.40%. The business had revenue of $48.60 million for the quarter, compared to analysts' expectations of $46.91 million. On average, analysts anticipate that Okeanis Eco Tankers will post 1.34 earnings per share for the current fiscal year.

Institutional Trading of Okeanis Eco Tankers

A hedge fund recently raised its stake in Okeanis Eco Tankers stock. Goldman Sachs Group Inc. boosted its position in Okeanis Eco Tankers Corp. (NYSE:ECO - Free Report) by 56.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,568 shares of the company's stock after purchasing an additional 54,528 shares during the quarter. Goldman Sachs Group Inc. owned about 0.47% of Okeanis Eco Tankers worth $3,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Okeanis Eco Tankers

(Get Free Report)

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

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Dividend History for Okeanis Eco Tankers (NYSE:ECO)

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