Hafnia Limited Announces Quarterly Dividend of $0.38 (NYSE:HAFN)

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

Hafnia Price Performance

Shares of NYSE:HAFN traded up $0.31 on Thursday, reaching $5.64. 5,491,449 shares of the company traded hands, compared to its average volume of 673,131. Hafnia has a fifty-two week low of $5.13 and a fifty-two week high of $8.99. The stock has a market capitalization of $2.86 billion and a PE ratio of 3.59. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 1.33. The company’s 50 day moving average is $6.38 and its 200-day moving average is $7.39.

Analyst Ratings Changes

Separately, Jefferies Financial Group cut their price objective on Hafnia from $9.00 to $8.00 and set a “buy” rating on the stock in a report 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.