Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) Shareholders to Get $0.15 Quarterly Dividend

Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Tuesday, November 3rd will be paid a dividend of $0.15 per share on Thursday, November 12th. This represents a $0.60 annualized dividend and a yield of 3.0%. The ex-dividend date is Tuesday, November 3rd.

Capital Clean Energy Carriers has decreased its dividend payment by an average of 0.1% annually over the last three years.

Capital Clean Energy Carriers Price Performance

CCEC opened at $20.22 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.15 and a quick ratio of 1.13. The stock has a market capitalization of $1.18 billion, a P/E ratio of 10.87 and a beta of 0.68. The company’s 50 day simple moving average is $21.68 and its 200-day simple moving average is $21.50. Capital Clean Energy Carriers has a one year low of $16.77 and a one year high of $23.95.

Capital Clean Energy Carriers (NASDAQ:CCEC) last issued its earnings results on Wednesday, July 29th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.16. Capital Clean Energy Carriers had a net margin of 27.73% and a return on equity of 6.55%. The company had revenue of $104.90 million for the quarter, compared to analyst estimates of $106.10 million. Sell-side analysts anticipate that Capital Clean Energy Carriers will post 1.92 earnings per share for the current fiscal year.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp. is a maritime transportation company focused primarily on the ownership and operation of vessels that transport liquefied natural gas (LNG) and other energy products. The company’s fleet includes LNG carriers and other vessels serving the international energy supply chain, with operations conducted through long-term and other commercial charter arrangements.

The company is transitioning toward a cleaner-energy-focused shipping platform, with LNG transportation as a central part of its strategy.