Himalaya Shipping Ltd. (NYSE:HSHP) Declares $0.04 Monthly Dividend

Himalaya Shipping Ltd. (NYSE:HSHP) announced a monthly dividend on Monday, November 11th,Wall Street Journal reports. Stockholders of record on Monday, November 18th will be given a dividend of 0.04 per share on Friday, November 29th. This represents a $0.48 annualized dividend and a dividend yield of 6.64%. The ex-dividend date of this dividend is Monday, November 18th.

Himalaya Shipping Trading Up 1.5 %

Shares of NYSE:HSHP opened at $7.23 on Tuesday. The firm has a fifty day moving average price of $7.58 and a 200 day moving average price of $8.10. Himalaya Shipping has a fifty-two week low of $4.57 and a fifty-two week high of $9.76. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.78 and a current ratio of 0.78.

Himalaya Shipping (NYSE:HSHP) last released its quarterly earnings data on Friday, August 16th. The company reported $0.16 EPS for the quarter. The company had revenue of $31.20 million for the quarter.

Wall Street Analyst Weigh In

Separately, DNB Markets lowered Himalaya Shipping from a “hold” rating to a “sell” rating in a research note on Monday, August 19th.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.