Hafnia Limited (HAFN) to Issue Quarterly Dividend of $0.50 on September 23rd

Hafnia Limited (NYSE:HAFN) declared a quarterly dividend on Thursday, August 27th. Stockholders of record on Tuesday, September 8th will be given a dividend of 0.5003 per share on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 23.6%. The ex-dividend date is Tuesday, September 8th. This is a 73.9% increase from Hafnia’s previous quarterly dividend of $0.29.

Hafnia Stock Performance

NYSE HAFN opened at $8.47 on Friday. The firm has a market capitalization of $4.34 billion, a P/E ratio of 9.31 and a beta of 0.63. Hafnia has a 1-year low of $5.17 and a 1-year high of $9.53. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.60 and a quick ratio of 1.48. The business’s 50-day simple moving average is $7.50 and its 200-day simple moving average is $7.68.

Hafnia (NYSE:HAFN) last issued its earnings results on Friday, August 28th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. The business had revenue of $834.53 million during the quarter, compared to analysts’ expectations of $394.57 million. Hafnia had a return on equity of 19.20% and a net margin of 44.74%.

About Hafnia

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.