Hafnia Limited (HAFN) To Go Ex-Dividend on March 6th

Hafnia Limited (NYSE:HAFN) announced a quarterly dividend on Thursday, February 26th. Investors of record on Friday, March 6th will be given a dividend of 0.1762 per share on Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend is Friday, March 6th. This is a 19.9% increase from Hafnia’s previous quarterly dividend of $0.15.

Hafnia Stock Up 3.3%

HAFN opened at $7.69 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.38. Hafnia has a 12-month low of $3.61 and a 12-month high of $7.73. The firm has a 50 day moving average of $6.09 and a two-hundred day moving average of $6.05.

Hafnia (NYSE:HAFN) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $592.96 million for the quarter, compared to the consensus estimate of $285.64 million. Hafnia had a return on equity of 14.75% and a net margin of 35.54%.

Institutional Trading of Hafnia

A number of hedge funds have recently bought and sold shares of HAFN. MHR Fund Management LLC increased its stake in Hafnia by 7.6% during the fourth quarter. MHR Fund Management LLC now owns 18,496,652 shares of the company’s stock worth $98,587,000 after acquiring an additional 1,309,938 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Hafnia by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 10,928,233 shares of the company’s stock worth $58,870,000 after purchasing an additional 69,992 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Hafnia by 0.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 10,742,756 shares of the company’s stock worth $64,522,000 after purchasing an additional 54,905 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Hafnia by 17.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,870,521 shares of the company’s stock valued at $20,630,000 after buying an additional 571,909 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ raised its holdings in Hafnia by 2,389.0% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 827,583 shares of the company’s stock valued at $4,130,000 after buying an additional 794,334 shares during the period.

About Hafnia

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.