Euroseas Ltd. (NASDAQ:ESEA) Declares Quarterly Dividend of $0.80

Euroseas Ltd. (NASDAQ:ESEA) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Tuesday, June 9th will be paid a dividend of 0.80 per share by the shipping company on Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Tuesday, June 9th. This is a 6.7% increase from Euroseas’s previous quarterly dividend of $0.75.

Euroseas has a payout ratio of 24.6% indicating that its dividend is sufficiently covered by earnings.

Euroseas Stock Up 3.9%

Shares of Euroseas stock opened at $74.00 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.89 and a quick ratio of 4.82. Euroseas has a 1 year low of $37.40 and a 1 year high of $78.76. The firm’s 50-day moving average is $68.62 and its two-hundred day moving average is $61.74. The stock has a market cap of $522.44 million, a price-to-earnings ratio of 3.77 and a beta of 0.54.

Euroseas (NASDAQ:ESEA) last issued its earnings results on Thursday, May 21st. The shipping company reported $4.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.54 by $0.16. Euroseas had a net margin of 60.11% and a return on equity of 27.82%. The company had revenue of $55.84 million for the quarter. As a group, research analysts expect that Euroseas will post 17.34 earnings per share for the current fiscal year.

Euroseas News Roundup

Here are the key news stories impacting Euroseas this week:

• Positive Sentiment: Euroseas beat Q1 estimates with EPS of $4.70 versus $4.54 expected, supporting bullish sentiment around the stock. Euroseas Q1 2026 earnings report
• Positive Sentiment: The company declared a quarterly dividend of $0.80 per share, a 6.7% increase from the prior $0.75 payout, which may attract income-focused investors. Euroseas dividend announcement
• Positive Sentiment: Management said contracted revenue backlog is about $650 million over the next five years, with coverage above 90% for the rest of 2026, which improves visibility into future cash flow. Euroseas press release
• Positive Sentiment: Euroseas reported strong Q1 results, including net income of $32.5 million and adjusted EBITDA of $40.9 million, while also continuing share repurchases and expanding its newbuilding program. TradeWinds article

Euroseas Company Profile

Euroseas Ltd. (NASDAQ: ESEA) is an international shipping company specializing in seaborne transportation of containerized and drybulk cargoes. Incorporated in Bermuda with its principal operations and management office based in Athens, Greece, the company owns and charters a diversified fleet of containerships, drybulk carriers and multipurpose vessels. Euroseas provides tailored shipping solutions on time-charter and voyage-charter agreements, serving manufacturers, commodity traders and logistics providers across major trade routes.

Euroseas’s fleet comprises both owned and chartered tonnage, enabling the company to adjust capacity to market conditions and customer requirements.