Hafnia Limited (NYSE:HAFN) Announces $0.03 Quarterly Dividend

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 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Friday, March 7th.

Hafnia Trading Down 3.5 %

HAFN traded down $0.15 on Friday, hitting $4.06. The company had a trading volume of 6,455,117 shares, compared to its average volume of 3,256,008. The firm has a market cap of $2.06 billion and a P/E ratio of 2.39. Hafnia has a 1 year low of $4.05 and a 1 year high of $8.99. The company’s fifty day moving average price is $5.36 and its 200 day moving average price is $6.16. The company has a current ratio of 1.70, a quick ratio of 1.52 and a debt-to-equity ratio of 0.34.

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

Analyst Ratings Changes

Separately, Jefferies Financial Group dropped their target price on Hafnia from $8.00 to $6.50 and set a “buy” rating for the company in a research report on Tuesday, December 17th.

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.