Hafnia Limited Plans Quarterly Dividend of $0.03 (NYSE:HAFN)

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Thursday, February 27th, NASDAQ Dividends reports. Investors of record on Friday, March 7th will be paid a dividend of 0.0294 per share on Tuesday, March 18th. This represents a $0.12 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Friday, March 7th.

Hafnia Trading Down 3.5 %

Shares of HAFN opened at $4.06 on Friday. Hafnia has a fifty-two week low of $4.05 and a fifty-two week high of $8.99. The company has a market capitalization of $2.06 billion and a PE ratio of 2.39. The stock has a fifty day moving average of $5.34 and a two-hundred day moving average of $6.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70.

Hafnia (NYSE:HAFN) last released its earnings results on Wednesday, November 27th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. Hafnia had a net margin of 53.44% and a return on equity of 36.90%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered their price objective on shares of Hafnia from $8.00 to $6.50 and set a “buy” rating for the company in a research note on Tuesday, December 17th.

About Hafnia

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.