Category Archives: Mixed
Quarterly results overview for drybulk earnings
After reading through the earnings report of a bunch of drybulk and dry/tanker mixed fleet companies, I came to realize they are all suffering from the same symptoms and the ways they are handling the problem are not good for shareholders. The problem of seriously falling revenues has squeezed net income even harder, compounded by [...]
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Quality of Dividends, Part VI
With earning season for the shipping stocks starting next week, I thought I should get through my review of dividend paying shipping stocks. So I will try to finish them up in the next few days.
Safe Bulkers Inc. SB has this on their website concerning the dividend policy:
We paid our first quarterly dividend as a [...]
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Shipping Stocks Returns – Mid-year 2009
What fun! The first 6 months of 2009 are behind us and the stock market rallied strongly in the 2nd quarter. Also, we have the new maritime indices from Capital Link Shipping to compare against the results of my stock tracking.
I am going to put the numbers up and you can decide what is important. [...]
New Shipping Stock Indices unveiled today
Capital Link Shipping, a New York based investor relations and adivsory firm, today is announcing the launching of a set of indices to track the different classes of shipping stocks. Here is a listing of the new indices:
Capital Link Maritime Index
Capital Link Tanker Index
Capital Link Drybulk Index
Capital Link Container Index
Capital Link LNG/LPG Index
Capital Link Mixed [...]
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Quality of Dividends, Part III
Today I will continue with my listing and review of the shipping stocks that currently pay distributions. I am trying to give you an idea of the stability and continued ability to pay for each of the companies. The listing is in alphabetical order.
International Shipholding Corp. ISH reinstated a 50¢ per share dividend in the [...]
Shipping Stocks dividends 2009, Part III
Today I continue the countdown of shipping stocks that have paid dividends so far in 2009. As previously reported, there are 25 stocks on my list and I have been counting them down in groups of 5 from the lowest payout to the highest.
Here are the payors 11 through 15 on my list. The stocks [...]
Shipping Stocks dividends 2009, Part II
A couple of days ago I started a series of articles to review the dividends paid in the first half of 2009 by the shipping stocks I follow on this site. You can read the 1st article here. There are 25 stocks on my list that paid a distribution so far this year and I [...]
Euroseas lays up ships, revenues fall
EUROSEAS LTD.
Bulk and container ship owner Euroseas Ltd. ESEA released their first quarter earning last week and the report shows how tough things are in both sectors. Euroseas is a company that buys older (10 years +) and works to keep their operating costs as low as possible. They are also committed to paying a [...]
Interesting results for shipping subsectors
Taking a break from the reviews of earnings reports I thought I would pass along some interesting results for stock returns I am tracking. I am following year-to-date returns for the publicly traded shipping stocks and also break them down by subsectors. Over the last month or so the different sectors have really started separating [...]
2009 Results for Shipping Stocks