Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) declared a quarterly dividend on Thursday, February 19th. Shareholders of record on Tuesday, March 3rd will be given a dividend of 1.55 per share on Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 13.4%. The ex-dividend date is Tuesday, March 3rd. This is a 106.7% increase from Okeanis Eco Tankers’s previous quarterly dividend of $0.75.
Okeanis Eco Tankers Trading Up 4.6%
Shares of NYSE:ECO traded up $2.02 on Thursday, reaching $46.33. 383,644 shares of the company traded hands, compared to its average volume of 423,474. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.00 and a quick ratio of 1.69. The company’s 50 day moving average is $37.70 and its 200-day moving average is $33.35. Okeanis Eco Tankers has a fifty-two week low of $17.91 and a fifty-two week high of $46.62.
Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.48. Okeanis Eco Tankers had a net margin of 21.92% and a return on equity of 18.05%. The firm had revenue of $91.33 million for the quarter, compared to analysts’ expectations of $98.45 million. On average, sell-side analysts anticipate that Okeanis Eco Tankers will post 1.34 EPS for the current year.
About Okeanis Eco Tankers
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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