Okeanis Eco Tankers Corp. (ECO) to Issue Quarterly Dividend of $2.00 on June 5th

Okeanis Eco Tankers Corp. (NYSE:ECOGet Free Report) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Thursday, May 28th will be paid a dividend of 2.00 per share on Friday, June 5th. This represents a c) annualized dividend and a dividend yield of 14.8%. The ex-dividend date of this dividend is Thursday, May 28th. This is a 29.0% increase from Okeanis Eco Tankers’s previous quarterly dividend of $1.55.

Okeanis Eco Tankers Stock Performance

NYSE ECO opened at $54.00 on Tuesday. The business’s 50-day moving average price is $51.76 and its 200 day moving average price is $43.82. Okeanis Eco Tankers has a twelve month low of $21.27 and a twelve month high of $58.45. The company has a market capitalization of $2.11 billion, a PE ratio of 9.54 and a beta of 0.09. The company has a current ratio of 1.70, a quick ratio of 1.56 and a debt-to-equity ratio of 0.75.

Okeanis Eco Tankers (NYSE:ECOGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.59. The company had revenue of $170.17 million for the quarter, compared to the consensus estimate of $134.02 million. Okeanis Eco Tankers had a return on equity of 37.13% and a net margin of 41.26%. On average, research analysts predict that Okeanis Eco Tankers will post 9.53 earnings per share for the current year.

Okeanis Eco Tankers Company Profile

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Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.

As of its public listing, Okeanis Eco Tankers’ fleet comprises twelve eco-efficient vessels built by Hyundai Samho Heavy Industries in South Korea.

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Dividend History for Okeanis Eco Tankers (NYSE:ECO)

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