Pacific Basin Shipping Limited Announces Dividend of $0.10 (OTCMKTS:PCFBY)

Pacific Basin Shipping Limited (OTCMKTS:PCFBY) announced a dividend on Tuesday, March 26th, NASDAQ reports. Shareholders of record on Friday, April 26th will be paid a dividend of 0.1048 per share on Friday, May 24th. The ex-dividend date is Thursday, April 25th.

Pacific Basin Shipping Stock Up 9.3 %

Shares of Pacific Basin Shipping stock opened at $6.96 on Tuesday. The business’s fifty day moving average price is $5.73 and its two-hundred day moving average price is $5.80. Pacific Basin Shipping has a 1-year low of $5.10 and a 1-year high of $7.66.

About Pacific Basin Shipping

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.