Capital Clean Energy Carriers Corp (NASDAQ:CCEC) Announces Quarterly Dividend of $0.15

Capital Clean Energy Carriers Corp (NASDAQ:CCEC) announced a quarterly dividend on Friday, November 1st, Wall Street Journal reports. Shareholders of record on Monday, November 11th will be paid a dividend of 0.15 per share on Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Friday, November 8th.

Capital Clean Energy Carriers Stock Down 2.1 %

Shares of CCEC traded down $0.39 during trading hours on Friday, reaching $18.46. The stock had a trading volume of 26,317 shares, compared to its average volume of 62,034. The company has a current ratio of 0.53, a quick ratio of 0.50 and a debt-to-equity ratio of 1.99. Capital Clean Energy Carriers has a 52 week low of $12.70 and a 52 week high of $20.26. The company’s 50-day moving average is $18.37. The company has a market cap of $1.02 billion, a P/E ratio of 7.33 and a beta of 0.87.

Capital Clean Energy Carriers (NASDAQ:CCEC) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.23. The business had revenue of $95.51 million during the quarter, compared to analysts’ expectations of $90.22 million. Capital Clean Energy Carriers had a net margin of 24.89% and a return on equity of 6.83%. As a group, equities analysts expect that Capital Clean Energy Carriers will post 1.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CCEC. Fearnley Fonds raised shares of Capital Clean Energy Carriers to a “strong-buy” rating in a research note on Thursday, October 10th. Evercore ISI initiated coverage on shares of Capital Clean Energy Carriers in a research note on Thursday, September 5th. They set an “outperform” rating and a $22.00 price objective for the company.

About Capital Clean Energy Carriers

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.