DryShips Inc. (NASDAQ:DRYS) announced a quarterly dividend on Tuesday, February 6th, Zacks reports. Shareholders of record on Tuesday, February 20th will be paid a dividend of 0.024 per share by the shipping company on Thursday, March 8th. This represents a $0.10 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Friday, February 16th.
Shares of DryShips (NASDAQ DRYS) opened at $3.74 on Thursday. DryShips has a 12 month low of $0.98 and a 12 month high of $4,615.80. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 0.11.
DryShips (NASDAQ:DRYS) last issued its quarterly earnings data on Tuesday, November 21st. The shipping company reported ($0.42) earnings per share for the quarter. DryShips had a negative net margin of 177.74% and a negative return on equity of 33.32%. The business had revenue of $29.93 million for the quarter.
A number of research analysts have commented on DRYS shares. BidaskClub downgraded DryShips from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 30th. ValuEngine raised DryShips from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th.
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DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.
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