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

Capital Clean Energy Carriers Corp (NASDAQ:CCEC) declared a quarterly dividend on Friday, January 24th,Wall Street Journal reports. Shareholders of record on Thursday, February 6th will be given a dividend of 0.15 per share on Wednesday, February 12th. This represents a $0.60 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, February 6th.

Capital Clean Energy Carriers Price Performance

Shares of CCEC traded up $0.09 on Friday, hitting $18.23. The company’s stock had a trading volume of 29,612 shares, compared to its average volume of 14,221. The firm has a market capitalization of $1.01 billion, a P/E ratio of 14.02 and a beta of 0.83. Capital Clean Energy Carriers has a fifty-two week low of $14.45 and a fifty-two week high of $20.26. The business has a 50 day moving average price of $18.39. The company has a quick ratio of 1.66, a current ratio of 1.68 and a debt-to-equity ratio of 2.04.

Wall Street Analyst Weigh In

A number of research firms have commented on CCEC. Fearnley Fonds raised Capital Clean Energy Carriers to a “strong-buy” rating in a research note on Thursday, October 10th. Raymond James started coverage on shares of Capital Clean Energy Carriers in a report on Friday. They set an “outperform” rating and a $26.00 price objective on the stock.

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.