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

Pyxis Tankers Inc. (NASDAQ:PXSAP) declared a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Stockholders of record on Friday, July 12th will be given a dividend of 0.1615 per share on Monday, July 22nd. This represents a $1.94 annualized dividend and a dividend yield of 7.76%. The ex-dividend date is Friday, July 12th.

Pyxis Tankers has increased its dividend by an average of 75.2% annually over the last three years.

Pyxis Tankers Stock Down 0.1 %

Shares of PXSAP stock traded down $0.02 on Wednesday, hitting $24.98. 516 shares of the stock were exchanged, compared to its average volume of 1,741. Pyxis Tankers has a one year low of $22.84 and a one year high of $25.25. The firm’s 50 day moving average is $24.86 and its two-hundred day moving average is $24.67.

Pyxis Tankers Company Profile

Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. 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.