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Seanergy Maritime Holdings Corp SHIP

Seanergy Maritime Holdings Corp is a Greece-based shipping company specializing in the worldwide seaborne transportation of dry bulk commodities. The Company operates 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel. Seanergy Maritime Holdings Corp’s fleet includes such vessels as Titanship, Flagship, Hellasship, Patriotship as well as Geniuship and Squireship. The Company manages their vessels’ operations, insurances and bunkering and has the general supervision of their third-party technical and commercial managers. Seanergy Maritime Holdings Corp’s subsidiaries include Seanergy Shipmanagement Corp, Squire Ocean Navigation Co, Pembroke Chartering Services Limited, Harbour Business International Corp as well as Friend Ocean Navigation Co and Seanergy Management Corp.


NDAQ:SHIP - Post by User

Post by Wynjoeon Aug 19, 2022 9:10am
191 Views
Post# 34906877

Almost a 15% dividend....

Almost a 15% dividend....Trading at 67 cents means you can buy this stock today and own it in less then 7 years if they maintain dividend or own it in less then that if bought today and dividend is increased at some future point.Seanergy is buying back shares ,I hope they waited till now. Listing requirements almost guarantees a reverse split,if so I will be waiting in the wings to purchase even cheaper shares.I dont see much risk here,unless divy gets cancelled next year,but it's not looking that way,earnings are up.
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