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

Okeanis Eco Tankers Corp. (NYSE:ECO) declared a quarterly dividend on Monday, November 11th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date of this dividend is Monday, November 18th.

Okeanis Eco Tankers Trading Down 0.4 %

ECO opened at $23.66 on Friday. Okeanis Eco Tankers has a one year low of $22.80 and a one year high of $36.69. The stock has a market capitalization of $761.62 million and a PE ratio of 6.52. The business’s 50 day moving average price is $30.40 and its 200 day moving average price is $31.45. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.23 and a current ratio of 1.48.

Okeanis Eco Tankers (NYSE:ECO) last released its quarterly earnings data on Friday, November 8th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $84.93 million for the quarter, compared to analysts’ expectations of $74.61 million. As a group, equities research analysts expect that Okeanis Eco Tankers will post 3.19 EPS for the current 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.