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Tufton Oceanic Assets (LON:SHIP) Hits New 12-Month Low – Here’s What Happened

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Tufton Oceanic Assets logoTufton Oceanic Assets (LON:SHIPGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 85 ($1.10) and last traded at GBX 1.12 ($0.01), with a volume of 73967 shares changing hands. The stock had previously closed at GBX 1.14 ($0.01).

Tufton Oceanic Assets Stock Down 1.3 %

The firm has a fifty day moving average of GBX 1.16 and a 200-day moving average of GBX 1.22. The firm has a market cap of £299.49 million, a P/E ratio of 4.30 and a beta of 0.40.

Tufton Oceanic Assets Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, January 30th will be paid a $0.03 dividend. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, January 30th. Tufton Oceanic Assets’s dividend payout ratio (DPR) is presently 3,841.56%.

Tufton Oceanic Assets Company Profile

(Get Free Report)

Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a fleet of 11 Capesize vessels with an average age of about 12 years and aggregate cargo carrying capacity of approximately 1,926,117 dwt.

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