Tufton Oceanic Assets (LON:SHIP) Trading 0.8% Higher

Tufton Oceanic Assets (LON:SHIP)’s share price traded up 0.8% during mid-day trading on Tuesday . The company traded as high as GBX 1.22 ($0.02) and last traded at GBX 1.22 ($0.02). 23,562 shares were traded during mid-day trading, a decline of 94% from the average session volume of 385,245 shares. The stock had previously closed at GBX 1.21 ($0.02).

Tufton Oceanic Assets Trading Up 0.6 %

The stock’s 50-day moving average price is GBX 1.18 and its 200-day moving average price is GBX 1.11. The company has a market capitalization of £3.58 million, a P/E ratio of 10.14 and a beta of 0.40.

Tufton Oceanic Assets Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 10th. Stockholders of record on Thursday, April 25th were given a dividend of $0.03 per share. This represents a dividend yield of 2.23%. This is a boost from Tufton Oceanic Assets’s previous dividend of $0.02. The ex-dividend date was Thursday, April 25th. Tufton Oceanic Assets’s dividend payout ratio is presently 8,333.33%.

Tufton Oceanic Assets Company Profile

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.