Tag Archives: PRGN

Quality of Dividends, Part V

By Tim | Published: July 16, 2009
Once again I will continue working my way through my list of dividend paying shipping stocks. The purpose of these articles is to give you an idea of the amount and stability of the distributions of these companies. I am going through the list in alphabetical order: OSG America L.P. OSP is a U.S. flagged transporter [...]
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Shipping stocks dividends earned 1st half of 2009

By Tim | Published: June 1, 2009
Now that all of the stocks I follow for this site have released earnings and declared distributions for the 1st quarter of 2009 I thought it  would be interesting to review which shipping companies have paid distributions and how much investors would have earned if they had been holding the stocks since the first of [...]
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Paragon Shipping has a nice 1st quarter

By Tim | Published: May 21, 2009
1Q09 Press Release.pdf (application/pdf Object). I have several earnings reports I hope to get through this morning. Up first is Paragon Shipping PRGN whose Q1 earnings release is linked above. Cash flow and net income were up slightly for this dry bulk company and the results have been steady for the last several quarters. Starting with the [...]
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Paragon Shipping year end results

By Tim | Published: March 24, 2009
PRGN 4q08 earnings.pdf (application/pdf Object). Paragon Shipping PRGN operates a fleet of 12 Panamax and Supramax dry bulk vessels. Linked above is the PDF of the earnings release. Although the company had a nice 4th quarter and and excellent year has they grew their fleet, a couple of items caught my eye. First they slashed the dividend [...]
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