Hafnia Limited (NYSE:HAFN) Announces Quarterly Dividend of $0.03

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Thursday, February 27th, NASDAQ Dividends reports. Investors of record on Friday, March 7th will be paid a dividend of 0.0294 per share on Tuesday, March 18th. This represents a $0.12 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Friday, March 7th.

Hafnia Trading Down 3.5 %

Shares of HAFN traded down $0.15 during mid-day trading on Friday, reaching $4.06. 6,455,117 shares of the company were exchanged, compared to its average volume of 3,256,008. The business has a 50 day simple moving average of $5.36 and a two-hundred day simple moving average of $6.16. Hafnia has a 52 week low of $4.05 and a 52 week high of $8.99. The stock has a market capitalization of $2.06 billion and a PE ratio of 2.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70.

Hafnia (NYSE:HAFN) last announced its quarterly earnings data on Wednesday, November 27th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. Hafnia had a return on equity of 36.90% and a net margin of 53.44%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reduced their price objective on Hafnia from $8.00 to $6.50 and set a “buy” rating for the company in a research note on Tuesday, December 17th.

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.