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

Himalaya Shipping Ltd. (NYSE:HSHP) declared a monthly dividend on Thursday, January 9th,Wall Street Journal reports. Stockholders of record on Tuesday, January 21st will be paid a dividend of 0.005 per share on Wednesday, February 5th. This represents a $0.06 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Monday, January 20th.

Himalaya Shipping Stock Performance

Himalaya Shipping stock traded up $0.05 during midday trading on Thursday, reaching $4.94. 198,282 shares of the stock traded hands, compared to its average volume of 133,576. The firm has a fifty day moving average price of $5.87 and a two-hundred day moving average price of $7.19. Himalaya Shipping has a fifty-two week low of $4.54 and a fifty-two week high of $9.76. The firm has a market cap of $196.97 million, a price-to-earnings ratio of 2.55 and a beta of 2.57. 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.