Hafnia Limited Declares Quarterly Dividend of $0.03 (NYSE:HAFN)

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Thursday, February 27th, NASDAQ Dividends reports. Investors of record on Friday, March 7th will be given a dividend of 0.0294 per share on Tuesday, March 18th. This represents a $0.12 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Friday, March 7th.

Hafnia Price Performance

HAFN stock traded down $0.15 during midday trading on Friday, reaching $4.06. The stock had a trading volume of 6,455,117 shares, compared to its average volume of 3,256,008. The company’s fifty day simple moving average is $5.36 and its 200 day simple moving average is $6.16. The company has a current ratio of 1.70, a quick ratio of 1.52 and a debt-to-equity ratio of 0.34. The company has a market cap of $2.06 billion and a price-to-earnings ratio of 2.39. Hafnia has a 52-week low of $4.05 and a 52-week high of $8.99.

Hafnia (NYSE:HAFN) last announced its quarterly earnings data on Wednesday, November 27th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. Hafnia had a return on equity of 36.90% and a net margin of 53.44%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reduced their price target on Hafnia from $8.00 to $6.50 and set a “buy” rating on the stock in a report on Tuesday, December 17th.

About Hafnia

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.