Hafnia Limited (NYSE:HAFN) Plans $0.38 Quarterly Dividend

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.379 per share on Tuesday, December 17th. This represents a $1.52 annualized dividend and a dividend yield of 26.88%. The ex-dividend date of this dividend is Friday, December 6th.

Hafnia Stock Up 5.8 %

HAFN stock traded up $0.31 on Thursday, hitting $5.64. 5,491,449 shares of the company’s stock were exchanged, compared to its average volume of 673,131. The firm has a 50 day moving average price of $6.38 and a two-hundred day moving average price of $7.39. Hafnia has a 12-month low of $5.13 and a 12-month high of $8.99. The stock has a market cap of $2.86 billion and a P/E ratio of 3.59. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.33 and a current ratio of 1.49.

Analyst Ratings Changes

Separately, Jefferies Financial Group dropped their price target on Hafnia from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th.

Hafnia Company Profile

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.