Hafnia Limited (NYSE:HAFN) to Issue Dividend of $0.10

Hafnia Limited (NYSE:HAFNGet Free Report) announced a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Monday, May 26th will be paid a dividend of 0.1015 per share on Wednesday, June 4th. This represents a dividend yield of 7.59%. The ex-dividend date of this dividend is Friday, May 23rd.

Hafnia Stock Up 0.1%

Shares of NYSE HAFN traded up $0.01 during trading on Tuesday, hitting $5.36. 89,105 shares of the company traded hands, compared to its average volume of 1,827,951. The business’s fifty day moving average is $4.46 and its 200 day moving average is $4.99. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70. Hafnia has a fifty-two week low of $3.61 and a fifty-two week high of $8.99. The firm has a market capitalization of $2.71 billion and a price-to-earnings ratio of 3.14.

Hafnia (NYSE:HAFNGet Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. Hafnia had a net margin of 53.44% and a return on equity of 36.90%. The firm had revenue of $340.34 million during the quarter, compared to the consensus estimate of $250.80 million.

Analyst Upgrades and Downgrades

Separately, Fearnley Fonds upgraded shares of Hafnia to a “strong-buy” rating in a research report on Tuesday, May 6th.

Get Our Latest Research Report on Hafnia

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hafnia stock. Jane Street Group LLC grew its holdings in Hafnia Limited (NYSE:HAFNFree Report) by 241.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 815,341 shares of the company’s stock after acquiring an additional 576,629 shares during the period. Jane Street Group LLC owned 0.16% of Hafnia worth $3,392,000 as of its most recent SEC filing.

Hafnia Company Profile

(Get Free Report)

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.

Further Reading

Dividend History for Hafnia (NYSE:HAFN)

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