United Maritime Co. (USEA) To Go Ex-Dividend on March 27th

United Maritime Co. (NASDAQ:USEA) announced a quarterly dividend on Monday, March 17th, Wall Street Journal reports. Investors of record on Thursday, March 27th will be given a dividend of 0.01 per share on Thursday, April 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, March 27th.

United Maritime has a dividend payout ratio of -4.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

United Maritime Price Performance

USEA stock opened at $1.53 on Tuesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.46 and a current ratio of 0.47. The business has a 50-day simple moving average of $1.80 and a two-hundred day simple moving average of $2.05. The company has a market capitalization of $13.54 million, a P/E ratio of -5.88 and a beta of 0.54. United Maritime has a 52-week low of $1.49 and a 52-week high of $2.90.

United Maritime Company Profile

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.