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Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.

Hafnia Dividend Announcement

• Hafnia announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-09-03
• Hafnia annual dividend for 2024 was $0.99
• Hafnia's trailing twelve-month (TTM) dividend yield is 18.5%
• Hafnia's payout ratio for the trailing twelve months (TTM) is 66.97%

Hafnia Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03$0.40quarterly2024-09-13
2024-05-22$0.34quarterly
2024-03-11$0.24quarterly2024-03-19

Hafnia Dividend per year

Hafnia Dividend Yield

Hafnia current trailing twelve-month (TTM) dividend yield is 18.5%. Interested in purchasing Hafnia stock? Use our calculator to estimate your expected dividend yield:

Hafnia Financial Ratios

P/E ratio3.43
PEG ratio0.03
P/B ratio1.12
ROE34.63%
Payout ratio66.97%
Current ratio1.49
Quick ratio1.33
Cash Ratio0.25

Hafnia Dividend FAQ

Does Hafnia stock pay dividends?
Hafnia does not currently pay dividends to its shareholders.
Has Hafnia ever paid a dividend?
No, Hafnia has no a history of paying dividends to its shareholders. Hafnia is not known for its dividend payments.
Why doesn't Hafnia pay dividends?
There are several potential reasons why Hafnia would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Hafnia ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Hafnia has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Hafnia a dividend aristocrat?
Hafnia is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hafnia a dividend king?
Hafnia is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hafnia a dividend stock?
No, Hafnia is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Hafnia stocks?
To buy Hafnia you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Hafnia stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.