Himalaya Shipping (NYSE:HSHP) Releases Quarterly Earnings Results

Himalaya Shipping (NYSE:HSHP) released its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, Zacks reports. The firm had revenue of $29.60 million during the quarter. Himalaya Shipping had a return on equity of 15.72% and a net margin of 21.93%.

Himalaya Shipping Trading Up 2.7 %

NYSE HSHP opened at $5.65 on Friday. Himalaya Shipping has a 52 week low of $4.48 and a 52 week high of $9.76. The business has a 50 day moving average price of $4.89 and a 200-day moving average price of $6.44. The company has a debt-to-equity ratio of 4.34, a quick ratio of 0.87 and a current ratio of 0.87.

Himalaya Shipping Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.005 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.06 annualized dividend and a dividend yield of 1.06%.

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.