DryShips Inc. (NASDAQ:DRYS) Declares Special Dividend of $0.02

DryShips Inc. (NASDAQ:DRYS) declared a special dividend on Wednesday, October 18th, Wall Street Journal reports. Investors of record on Friday, October 27th will be given a dividend of 0.024 per share by the shipping company on Tuesday, November 14th. The ex-dividend date is Thursday, October 26th.

DryShips (NASDAQ:DRYS) opened at 4.80 on Friday. The firm’s market cap is $9.61 million. The company has a 50-day moving average price of $2.91 and a 200-day moving average price of $77.28. DryShips has a 1-year low of $0.98 and a 1-year high of $799,680.00.

DryShips (NASDAQ:DRYS) last released its quarterly earnings results on Wednesday, August 30th. The shipping company reported ($37.12) earnings per share (EPS) for the quarter. DryShips had a negative net margin of 218.76% and a negative return on equity of 49.79%. The company had revenue of $16.38 million for the quarter. On average, equities research analysts forecast that DryShips will post $0.07 EPS for the current fiscal year.

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DryShips Company Profile

DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.

Dividend History for DryShips (NASDAQ:DRYS)

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