Hafnia Limited to Issue Quarterly Dividend of $0.38 (NYSE:HAFN)

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Shareholders of record on Friday, December 6th will be paid a dividend of 0.379 per share on Tuesday, December 17th. This represents a $1.52 annualized dividend and a dividend yield of 26.88%. The ex-dividend date of this dividend is Friday, December 6th.

Hafnia Stock Performance

HAFN stock traded up $0.31 on Thursday, reaching $5.64. The company’s stock had a trading volume of 5,491,449 shares, compared to its average volume of 673,131. The firm has a fifty day moving average of $6.38 and a two-hundred day moving average of $7.39. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 1.33. The company has a market capitalization of $2.86 billion and a P/E ratio of 3.59. Hafnia has a 52 week low of $5.13 and a 52 week high of $8.99.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reduced their price objective on shares of Hafnia from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, November 14th.

Hafnia Company Profile

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.