Hafnia Limited (NYSE:HAFN) Announces $0.38 Quarterly Dividend

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.379 per share on Tuesday, December 17th. This represents a $1.52 annualized dividend and a dividend yield of 26.93%. The ex-dividend date is Thursday, December 5th.

Hafnia Trading Down 1.1 %

HAFN traded down $0.06 during midday trading on Tuesday, reaching $5.63. 5,488,410 shares of the company were exchanged, compared to its average volume of 2,237,060. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.33 and a current ratio of 1.49. The stock has a market capitalization of $2.85 billion and a P/E ratio of 3.31. Hafnia has a one year low of $5.13 and a one year high of $8.99. The stock’s 50-day simple moving average is $6.27 and its 200 day simple moving average is $7.32.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered their target price on Hafnia from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th.

Hafnia Company Profile

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.