Pyxis Tankers Inc. Plans Monthly Dividend of $0.16 (NASDAQ:PXSAP)

Pyxis Tankers Inc. (NASDAQ:PXSAPGet Rating) declared a monthly dividend on Friday, August 5th, Wall Street Journal reports. Shareholders of record on Monday, August 15th will be given a dividend of 0.1615 per share on Monday, August 22nd. This represents a $1.94 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date of this dividend is Friday, August 12th.

Pyxis Tankers Stock Performance

Shares of NASDAQ PXSAP traded up $0.24 during trading on Friday, reaching $18.92. 100 shares of the company traded hands, compared to its average volume of 3,642. The company has a fifty day moving average price of $18.32. Pyxis Tankers has a 12-month low of $10.97 and a 12-month high of $19.90.

Institutional Investors Weigh In On Pyxis Tankers

A hedge fund recently bought a new stake in Pyxis Tankers stock. UBS Group AG acquired a new position in Pyxis Tankers Inc. (NASDAQ:PXSAPGet Rating) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,130 shares of the company’s stock, valued at approximately $35,000.

About Pyxis Tankers

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Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.

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Dividend History for Pyxis Tankers (NASDAQ:PXSAP)

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