Hafnia Limited (HAFN) to Issue Quarterly Dividend of $0.50 on September 18th

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Thursday, August 27th. Stockholders of record on Tuesday, September 8th will be given a dividend of 0.5003 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 21.7%. The ex-dividend date is Tuesday, September 8th. This is a 73.9% increase from Hafnia’s previous quarterly dividend of $0.29.

Hafnia Stock Up 3.1%

HAFN opened at $9.21 on Friday. Hafnia has a twelve month low of $5.17 and a twelve month high of $9.53. The company has a quick ratio of 1.48, a current ratio of 1.66 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $7.64 and a 200 day moving average price of $7.75. The company has a market cap of $4.72 billion, a PE ratio of 6.98 and a beta of 0.65.

Hafnia (NYSE:HAFN) last posted its quarterly earnings data on Saturday, August 29th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.02. Hafnia had a return on equity of 26.74% and a net margin of 56.72%.The company had revenue of $834.53 million for the quarter, compared to analysts’ expectations of $394.57 million.

About Hafnia

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.