Seanergy Maritime Holdings Corp (NASDAQ:SHIP) Announces Quarterly Dividend of $0.40

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) announced a quarterly dividend on Wednesday, November 11th. Shareholders of record on Thursday, December 24th will be paid a dividend of $0.40 per share by the shipping company on Friday, January 8th. This represents a $1.60 annualized dividend and a yield of 10.3%. The ex-dividend date is Thursday, December 24th. This is a 14.3% increase from Seanergy Maritime’s previous quarterly dividend of $0.35.

Seanergy Maritime has a dividend payout ratio of 51.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Seanergy Maritime to earn $1.54 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 90.9%.

Seanergy Maritime Price Performance

Shares of SHIP opened at $15.58 on Friday. Seanergy Maritime has a 1 year low of $8.95 and a 1 year high of $19.22. The stock has a 50 day simple moving average of $16.68 and a two-hundred day simple moving average of $15.15. The firm has a market cap of $325.65 million, a P/E ratio of 5.45 and a beta of 1.15.

Seanergy Maritime (NASDAQ:SHIP) last posted its quarterly earnings results on Thursday, November 12th. The shipping company reported $1.25 EPS for the quarter, topping the consensus estimate of $0.93 by $0.32. The firm had revenue of $57.45 million for the quarter, compared to the consensus estimate of $54.58 million. Seanergy Maritime had a net margin of 30.68% and a return on equity of 21.87%. On average, equities analysts anticipate that Seanergy Maritime will post 3.33 earnings per share for the current year.

Latest Seanergy Maritime News

These are some of the SHIP news items that stood out recently:

• Positive Sentiment: Seanergy reported Q3 earnings of $1.25 per share, ahead of analyst estimates of about $0.93, while revenue of $57.45 million also topped expectations. Revenue increased 22.3% year over year, and net income roughly doubled; the company also reported record net income of $61.9 million for the first nine months of 2026. Seanergy Maritime Q3 and nine-month results
• Positive Sentiment: The company raised its quarterly dividend 14.3%, from $0.35 to $0.40 per share. That equates to $1.60 annualized and a stated yield of 10.3%, enhancing the income appeal of SHIP shares. Seanergy raises dividend and expands fleet
• Neutral Sentiment: Seanergy generated $37.6 million in operating cash flow and ended the quarter with $167.9 million in cash, while investing $38.2 million in property and equipment. Total liabilities also increased to $448.8 million, a factor investors may weigh against the stronger liquidity and operating results. Seanergy Q3 financial highlights

Seanergy Maritime Company Profile

Seanergy Maritime Holdings Corp. is an international shipping company focused on the seaborne transportation of dry bulk commodities. It owns and operates a fleet of dry bulk vessels, primarily Capesize ships designed to carry large cargoes over long distances. The company’s vessels transport commodities such as iron ore, coal and grain for customers involved in global trade. Seanergy serves international shipping routes connecting commodity producers with markets around the world. Seanergy is incorporated in the Marshall Islands and has its executive offices in Athens, Greece.