Hafnia Limited (HAFN) To Go Ex-Dividend on June 4th

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Tuesday, May 26th. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.2877 per share on Tuesday, June 16th. This represents a c) annualized dividend and a dividend yield of 14.8%. The ex-dividend date of this dividend is Thursday, June 4th. This is a 63.3% increase from Hafnia’s previous quarterly dividend of $0.18.

Hafnia Stock Up 1.6%

Shares of Hafnia stock opened at $7.78 on Tuesday. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 8.54 and a beta of 0.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.60 and a quick ratio of 1.48. Hafnia has a 52-week low of $4.90 and a 52-week high of $9.53. The stock has a 50-day simple moving average of $8.27 and a 200-day simple moving average of $6.95.

Hafnia (NYSE:HAFN) last posted its earnings results on Wednesday, May 27th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.06. Hafnia had a return on equity of 19.20% and a net margin of 44.74%.The firm had revenue of $688.87 million during the quarter, compared to analyst estimates of $298.65 million.

About Hafnia

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.