Himalaya Shipping Ltd. Declares Monthly Dividend of $0.01 (NYSE:HSHP)

Himalaya Shipping Ltd. (NYSE:HSHP) declared a monthly dividend on Wednesday, February 12th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.005 per share on Wednesday, March 5th. This represents a $0.06 annualized dividend and a yield of 1.24%. The ex-dividend date is Thursday, February 20th.

Himalaya Shipping Price Performance

Shares of Himalaya Shipping stock traded up $0.05 during trading on Wednesday, hitting $4.84. 205,173 shares of the company’s stock traded hands, compared to its average volume of 149,681. Himalaya Shipping has a 1 year low of $4.48 and a 1 year high of $9.76. The business has a 50-day simple moving average of $4.93 and a 200-day simple moving average of $6.56. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 4.34.

Himalaya Shipping Company Profile

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.