Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) to Issue Quarterly Dividend of $0.15

Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Tuesday, August 4th will be given a dividend of 0.15 per share on Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 4th.

Capital Clean Energy Carriers has decreased its dividend payment by an average of 0.1%annually over the last three years.

Capital Clean Energy Carriers Price Performance

Shares of NASDAQ:CCEC traded up $0.23 during trading on Friday, hitting $23.23. 2,545 shares of the stock were exchanged, compared to its average volume of 9,613. The company has a market cap of $1.36 billion, a PE ratio of 12.29 and a beta of 0.63. The company has a current ratio of 1.39, a quick ratio of 1.38 and a debt-to-equity ratio of 1.53. The company has a fifty day moving average price of $21.74 and a two-hundred day moving average price of $21.18. Capital Clean Energy Carriers has a 12-month low of $16.77 and a 12-month high of $24.48.

Capital Clean Energy Carriers (NASDAQ:CCEC) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.08). The firm had revenue of $98.01 million for the quarter, compared to analyst estimates of $103.47 million. Capital Clean Energy Carriers had a return on equity of 6.73% and a net margin of 28.02%. On average, analysts forecast that Capital Clean Energy Carriers will post 1.35 EPS for the current year.

Capital Clean Energy Carriers Company Profile

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals.