Avance Gas Holding Ltd (OTCMKTS:AVACF) Plans $3.50 Quarterly Dividend

Avance Gas Holding Ltd (OTCMKTS:AVACF) announced a quarterly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders of record on Wednesday, December 11th will be given a dividend of 3.50 per share on Monday, December 23rd. This represents a $14.00 dividend on an annualized basis and a dividend yield of 140.00%. The ex-dividend date of this dividend is Wednesday, December 11th.

Avance Gas Trading Up 7.6 %

Shares of AVACF traded up $0.70 during trading hours on Thursday, hitting $10.00. The stock had a trading volume of 51,409 shares, compared to its average volume of 13,237. Avance Gas has a 12-month low of $9.17 and a 12-month high of $19.57. The company’s fifty day simple moving average is $9.92 and its 200 day simple moving average is $13.05.

About Avance Gas

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.