Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Thursday, May 28th will be given a dividend of 2.00 per share on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date of this dividend is Thursday, May 28th. This is a 29.0% increase from Okeanis Eco Tankers’s previous quarterly dividend of $1.55.
Okeanis Eco Tankers Price Performance
NYSE:ECO opened at $54.41 on Friday. The company has a 50-day moving average of $50.78 and a 200-day moving average of $42.78. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 9.61 and a beta of 0.09. Okeanis Eco Tankers has a 52 week low of $21.27 and a 52 week high of $58.45. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.39 and a current ratio of 1.50.
Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.59. Okeanis Eco Tankers had a return on equity of 41.96% and a net margin of 41.26%.The business had revenue of $170.17 million during the quarter, compared to analysts’ expectations of $134.02 million. As a group, equities research analysts anticipate that Okeanis Eco Tankers will post 4.35 earnings per share 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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