PAC BASIN SHIPP/ADR (PCFBY) To Go Ex-Dividend on April 22nd

PAC BASIN SHIPP/ADR (OTCMKTS:PCFBY) announced a Semi-Annual dividend on Friday, March 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.083 per share on Wednesday, May 22nd. The ex-dividend date is Monday, April 22nd.

Shares of OTCMKTS PCFBY opened at $4.21 on Wednesday. The company has a market cap of $934.21 million, a PE ratio of 210.50 and a beta of -0.45. PAC BASIN SHIPP/ADR has a 12-month low of $3.87 and a 12-month high of $5.67.

A number of equities research analysts have recently commented on PCFBY shares. JPMorgan Chase & Co. upgraded PAC BASIN SHIPP/ADR from a “neutral” rating to an “overweight” rating in a research report on Monday, January 21st. Zacks Investment Research downgraded PAC BASIN SHIPP/ADR from a “hold” rating to a “sell” rating in a research report on Friday, March 1st.

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Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide. As of February 28, 2019, the company had a fleet of 217 ships, including 132 Handysize vessels, 83 Supramax vessels, and 2 Post Panamax vessels. It also offers ocean shipping services, shipping consulting and ship agency, crewing, secretarial, and agency and ship management services, as well as issues convertible bonds.

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