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Braemar Shipping Services (LON:BMS) declared a dividend on Tuesday, May 20th, American Banking and Market News reports. Investors of record on Wednesday, July 16th will be given a dividend of GBX 17 ($0.29) per share on Friday, August 15th. This represents a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, July 16th. The official announcement can be viewed at this link.

On a related note, analysts at Westhouse Securities upgraded shares of Braemar Shipping Services to a “buy” rating in a research note on Thursday, March 20th. They now have a GBX 590 ($9.92) price target on the stock.

Shares of Braemar Shipping Services (LON:BMS) traded down 4.63% on Tuesday, hitting GBX 515.00. The stock had a trading volume of 29,208 shares. Braemar Shipping Services has a 1-year low of GBX 395.00 and a 1-year high of GBX 585.00. The stock has a 50-day moving average of GBX 518.4 and a 200-day moving average of GBX 529.3. The company’s market cap is £107.7 million.

Braemar Shipping Services plc operates in four segments: Shipbroking, Technical, Logistics and Environmental.

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