United Maritime Co. (NASDAQ:USEA) Plans $0.08 Quarterly Dividend

United Maritime Co. (NASDAQ:USEA) declared a quarterly dividend on Thursday, May 23rd, Zacks reports. Shareholders of record on Tuesday, June 25th will be given a dividend of 0.075 per share on Wednesday, July 10th. This represents a $0.30 annualized dividend and a yield of 10.60%. The ex-dividend date is Tuesday, June 25th.

United Maritime Price Performance

NASDAQ USEA traded up 0.09 during trading on Friday, hitting 2.83. 156,200 shares of the stock traded hands, compared to its average volume of 28,173. The company has a market capitalization of $24.59 million, a P/E ratio of -15.72 and a beta of 0.55. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 0.85. The firm has a 50-day simple moving average of 2.59 and a 200-day simple moving average of 2.57. United Maritime has a 12-month low of 2.01 and a 12-month high of 3.00.

United Maritime (NASDAQ:USEA) last announced its earnings results on Tuesday, February 20th. The company reported -0.07 EPS for the quarter. The company had revenue of 11.55 million during the quarter. United Maritime had a positive return on equity of 0.02% and a negative net margin of 0.25%.

About United Maritime

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.