Okeanis Eco Tankers Corp. Declares Quarterly Dividend of $0.45 (NYSE:ECO)

Okeanis Eco Tankers Corp. (NYSE:ECO) announced a quarterly dividend on Monday, November 11th,Wall Street Journal reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.45 per share on Wednesday, December 4th. This represents a $1.80 annualized dividend and a yield of 7.61%. The ex-dividend date of this dividend is Monday, November 18th.

Okeanis Eco Tankers Price Performance

NYSE:ECO opened at $23.66 on Friday. Okeanis Eco Tankers has a 12 month low of $22.80 and a 12 month high of $36.69. The stock has a 50 day moving average of $30.40 and a two-hundred day moving average of $31.45. The company has a current ratio of 1.48, a quick ratio of 1.23 and a debt-to-equity ratio of 1.37. The firm has a market cap of $761.62 million and a P/E ratio of 6.52.

Okeanis Eco Tankers (NYSE:ECO) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.09 by $0.36. Okeanis Eco Tankers had a return on equity of 27.00% and a net margin of 29.25%. The company had revenue of $84.93 million during the quarter, compared to analyst estimates of $74.61 million. On average, analysts expect that Okeanis Eco Tankers will post 3.19 earnings per share for the current fiscal year.

Okeanis Eco Tankers Company Profile

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.