Pingtan Marine Enterprise Ltd. (NASDAQ:PME) Plans Special Dividend of $0.01
Pingtan Marine Enterprise Ltd. (NASDAQ:PME) announced a special dividend on Monday, July 17th, Wall Street Journal reports. Stockholders of record on Tuesday, August 15th will be given a dividend of 0.01 per share on Thursday, August 31st. This represents a dividend yield of 0.96%. The ex-dividend date is Thursday, July 27th.
Pingtan Marine Enterprise (NASDAQ PME) traded up 6.62% during midday trading on Monday, hitting $4.19. 354,059 shares of the stock traded hands. The company’s 50 day moving average is $3.45 and its 200-day moving average is $3.49. Pingtan Marine Enterprise has a one year low of $0.84 and a one year high of $5.18. The company has a market cap of $331.24 million, a P/E ratio of 261.88 and a beta of 0.96.
Pingtan Marine Enterprise (NASDAQ:PME) last released its quarterly earnings data on Monday, May 15th. The company reported $0.13 EPS for the quarter. The firm had revenue of $5.66 million for the quarter. Pingtan Marine Enterprise had a negative net margin of 1.98% and a negative return on equity of 0.32%. On average, equities research analysts forecast that Pingtan Marine Enterprise will post $1.39 EPS for the current fiscal year.
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Pingtan Marine Enterprise Company Profile
Pingtan Marine Enterprise Ltd. is a marine enterprises company. The Company is primarily engaging in ocean fishing through its operating subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co, Ltd. (Pingtan Fishing). The Company harvests a range of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans.
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