Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) declared a quarterly dividend on Thursday, February 19th. Stockholders of record on Tuesday, March 3rd will be given a dividend of 1.55 per share on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date is Tuesday, March 3rd. This is a 106.7% increase from Okeanis Eco Tankers’s previous quarterly dividend of $0.75.
Okeanis Eco Tankers Trading Up 4.6%
Shares of NYSE ECO traded up $2.02 during midday trading on Thursday, hitting $46.33. 383,644 shares of the stock traded hands, compared to its average volume of 423,474. The company has a current ratio of 2.00, a quick ratio of 1.69 and a debt-to-equity ratio of 1.33. Okeanis Eco Tankers has a one year low of $17.91 and a one year high of $46.62. The business has a 50 day moving average price of $37.70 and a two-hundred day moving average price of $33.35.
Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.48. Okeanis Eco Tankers had a return on equity of 18.05% and a net margin of 21.92%.The business had revenue of $91.33 million during the quarter, compared to the consensus estimate of $98.45 million. On average, equities analysts forecast that Okeanis Eco Tankers will post 1.34 EPS for the current fiscal year.
About Okeanis Eco Tankers
Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.
As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.
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