Euroseas Ltd. (NASDAQ:ESEA) Declares Dividend Increase – $0.80 Per Share

Posted by Don Miller on May 22nd, 2026

Euroseas Ltd. (NASDAQ:ESEA – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 9th will be given a dividend of 0.80 per share by the shipping company on Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Tuesday, June 9th. This is a 6.7% increase from Euroseas’s previous quarterly dividend of $0.75.

Euroseas has a dividend payout ratio of 24.6% indicating that its dividend is sufficiently covered by earnings.

Euroseas Price Performance

Euroseas stock opened at $74.00 on Friday. The company has a market cap of $522.44 million, a price-to-earnings ratio of 3.77 and a beta of 0.54. The firm’s fifty day moving average is $68.62 and its 200 day moving average is $61.74. The company has a quick ratio of 4.82, a current ratio of 4.89 and a debt-to-equity ratio of 0.43. Euroseas has a 52-week low of $37.40 and a 52-week high of $78.76.

Euroseas (NASDAQ:ESEA – Get Free Report) last released its quarterly earnings results on Thursday, May 21st. The shipping company reported $4.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.54 by $0.16. Euroseas had a net margin of 60.11% and a return on equity of 27.82%. The company had revenue of $55.84 million for the quarter. Sell-side analysts forecast that Euroseas will post 17.34 EPS for the current fiscal year.

About Euroseas

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Euroseas Ltd. (NASDAQ: ESEA) is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.

Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.