Ardmore Shipping Corp (ASC) Plans Quarterly Dividend of $0.10
Ardmore Shipping Corp (NYSE:ASC) declared a quarterly dividend on Tuesday, April 15th, AnalystRatings.NET reports. Shareholders of record on Wednesday, April 30th will be given a dividend of 0.10 per share on Thursday, May 15th. This represents a $0.40 dividend on an annualized basis and a yield of 3.18%.
Shares of Ardmore Shipping Corp (NYSE:ASC) opened at 12.59 on Tuesday. Ardmore Shipping Corp has a 1-year low of $11.32 and a 1-year high of $15.84. The stock has a 50-day moving average of $13.24 and a 200-day moving average of $13.45. The company’s market cap is $315.4 million.
Ardmore Shipping Corp (NYSE:ASC) last released its earnings data on Thursday, February 20th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.03. The company had revenue of $9.60 million for the quarter, compared to the consensus estimate of $10.13 million. Analysts expect that Ardmore Shipping Corp will post $0.20 EPS for the current fiscal year.
Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies.
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