Capital Clean Energy Carriers Corp Plans Quarterly Dividend of $0.15 (NASDAQ:CCEC)

Capital Clean Energy Carriers Corp (NASDAQ:CCEC) declared a quarterly dividend on Thursday, October 31st,Wall Street Journal reports. Stockholders of record on Monday, November 11th will be paid a dividend of 0.15 per share on Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Friday, November 8th.

Capital Clean Energy Carriers Stock Performance

Shares of NASDAQ CCEC traded down $0.29 during mid-day trading on Thursday, hitting $18.55. The stock had a trading volume of 11,508 shares, compared to its average volume of 61,152. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.50 and a current ratio of 0.53. The stock’s 50 day moving average price is $18.42. Capital Clean Energy Carriers has a twelve month low of $12.70 and a twelve month high of $20.26. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 7.27 and a beta of 0.86.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CCEC. Fearnley Fonds raised shares of Capital Clean Energy Carriers to a “strong-buy” rating in a research note on Thursday, October 10th. Evercore ISI started coverage on shares of Capital Clean Energy Carriers in a report on Thursday, September 5th. They set an “outperform” rating and a $22.00 price target for the company.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.