CBL International Limited (NASDAQ:BANL) Plans $0.10 Dividend

CBL International Limited (NASDAQ:BANL) announced a dividend on Tuesday, August 18th. Shareholders of record on Friday, August 28th will be paid a dividend of 0.10 per share on Friday, September 18th. The ex-dividend date is Friday, August 28th.

CBL International Stock Up 30.9%

NASDAQ BANL traded up $3.20 on Tuesday, reaching $13.55. 152,786 shares of the company’s stock traded hands, compared to its average volume of 93,988. CBL International has a 12 month low of $3.46 and a 12 month high of $13.66. The stock has a 50-day simple moving average of $5.16 and a 200 day simple moving average of $5.96.

About CBL International

CBL International Limited, a marine fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. It facilitates vessel refueling between ship operators and local physical distributors/traders by purchasing marine fuel, including both fossil fuel and alternative fuel. The company’s services to its customers include vessel refueling options available at ports; arranges vessel refueling activities and local physical delivery of marine fuel; and coordinates vessel refueling schedule.