Pingtan Marine Enterprise (PME) Plans $0.01 Quarterly Dividend

Pingtan Marine Enterprise (NASDAQ:PME) declared a quarterly dividend on Monday, April 16th, Zacks reports. Shareholders of record on Monday, April 30th will be given a dividend of 0.01 per share on Tuesday, May 15th. This represents a $0.04 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Friday, April 27th.

NASDAQ PME opened at $4.01 on Tuesday. The company has a market capitalization of $321.75, a price-to-earnings ratio of 10.71 and a beta of 0.99. Pingtan Marine Enterprise has a fifty-two week low of $1.99 and a fifty-two week high of $5.08. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.57 and a quick ratio of 0.47.

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Pingtan Marine Enterprise (NASDAQ:PME) last released its earnings results on Wednesday, March 14th. The company reported $0.06 EPS for the quarter. The company had revenue of $16.39 million during the quarter. Pingtan Marine Enterprise had a return on equity of 21.91% and a net margin of 46.92%.

Separately, BidaskClub upgraded Pingtan Marine Enterprise from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th.

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Pingtan Marine Enterprise Company Profile

Pingtan Marine Enterprise Ltd. engages in the ocean fishing business. The company harvests a range of fish species, such as ribbon fish, Indian white shrimp, croaker fish, pomfret, Spanish mackerel, conger eel, squid, and red snapper with its owned and licensed vessels operating within the Indian Exclusive Economic Zone, Indo-Pacific waters, the Arafura Sea of Indonesia, and international waters of Atlantic and Pacific Oceans.

Dividend History for Pingtan Marine Enterprise (NASDAQ:PME)

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