Himalaya Shipping Ltd. (NYSE:HSHP – Get Free Report) declared a monthly dividend on Tuesday, November 10th. Shareholders of record on Monday, November 23rd will be given a dividend of $0.20 per share on Friday, November 27th. This represents a $2.40 dividend on an annualized basis and a yield of 14.6%. The ex-dividend date of this dividend is Monday, November 23rd.
Himalaya Shipping has a payout ratio of 3.7% meaning its dividend is sufficiently covered by earnings.
Himalaya Shipping Price Performance
Shares of NYSE HSHP opened at $16.44 on Thursday. Himalaya Shipping has a 1-year low of $7.95 and a 1-year high of $19.55. The company has a market cap of $767.11 million, a PE ratio of 14.55 and a beta of 1.39. The company has a debt-to-equity ratio of 4.00, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a fifty day moving average price of $17.26 and a 200 day moving average price of $14.96.
Top Himalaya Shipping Stories
These are some of the HSHP stories that stood out recently:
- Positive Sentiment: HSHP reported quarterly EPS of $0.71, matching consensus, while revenue of $62.60 million exceeded the $61.51 million estimate. The company also reported a 31.44% net margin and 32.83% return on equity. Quarterly earnings results
- Neutral Sentiment: HSHP issued an October commercial update covering TCE earnings and charter developments. The supplied article details do not include the figures or terms needed to judge their impact on future revenue. October commercial update
- Neutral Sentiment: The company filed its unaudited interim financial report and held a Q3 earnings call. The provided reports do not describe additional guidance or developments that would clearly change the near-term outlook. Q3 2026 earnings call transcript
About Himalaya Shipping
Himalaya Shipping Ltd. is a dry bulk shipping company incorporated in Bermuda. It owns and operates Newcastlemax vessels, large bulk carriers designed to transport commodities such as iron ore, coal and grain. The company’s fleet is equipped with dual-fuel engines that can run on liquefied natural gas as well as conventional marine fuel. Its vessels serve international bulk shipping routes, carrying cargo between major commodity-producing and consuming regions. Himalaya Shipping began building its fleet in the early 2020s and became a publicly traded company in 2023.
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