Himalaya Shipping Ltd. (NYSE:HSHP) Plans Monthly Dividend of $0.06

Himalaya Shipping Ltd. (NYSE:HSHP) announced a monthly dividend on Monday, August 12th, Wall Street Journal reports. Shareholders of record on Monday, August 19th will be given a dividend of 0.06 per share on Friday, August 30th. This represents a $0.72 dividend on an annualized basis and a yield of 9.29%. The ex-dividend date is Monday, August 19th. This is a boost from Himalaya Shipping’s previous monthly dividend of $0.05.

Himalaya Shipping Stock Up 0.3 %

Shares of NYSE:HSHP traded up $0.02 during mid-day trading on Tuesday, hitting $7.75. The stock had a trading volume of 11,269 shares, compared to its average volume of 100,579. The company’s 50 day moving average is $8.43 and its 200-day moving average is $8.13. Himalaya Shipping has a 12-month low of $4.30 and a 12-month high of $9.76. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 3.62.

Himalaya Shipping (NYSE:HSHP) last issued its earnings results on Thursday, May 23rd. The company reported $0.06 EPS for the quarter. The business had revenue of $23.58 million during the quarter.

Himalaya Shipping Company Profile

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.