Pyxis Tankers Inc. (NASDAQ:PXSAP) Announces $0.16 Monthly Dividend

Pyxis Tankers Inc. (NASDAQ:PXSAP) announced a monthly dividend on Wednesday, May 1st, investing.com reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.1615 per share on Monday, May 20th. This represents a $1.94 annualized dividend and a yield of 7.83%. The ex-dividend date is Friday, May 10th.

Pyxis Tankers has raised its dividend by an average of 75.2% per year over the last three years.

Pyxis Tankers Stock Up 0.5 %

Shares of Pyxis Tankers stock traded up $0.12 during trading on Wednesday, reaching $24.74. The company’s stock had a trading volume of 2,867 shares, compared to its average volume of 1,450. The company has a 50-day simple moving average of $24.65 and a two-hundred day simple moving average of $24.30. Pyxis Tankers has a 1-year low of $21.00 and a 1-year high of $25.00.

About Pyxis Tankers

Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.