Pyxis Tankers Inc. (PXSAP) to Issue Monthly Dividend of $0.16 on May 20th

Pyxis Tankers Inc. (NASDAQ:PXSAP) declared a monthly dividend on Wednesday, May 1st, investing.com reports. Investors of record on Monday, May 13th will be paid a dividend of 0.1615 per share on Monday, May 20th. This represents a $1.94 dividend on an annualized basis and a yield of 7.83%. The ex-dividend date is Friday, May 10th.

Pyxis Tankers has increased its dividend payment by an average of 75.2% per year over the last three years.

Pyxis Tankers Price Performance

Shares of Pyxis Tankers stock traded up $0.12 during trading on Wednesday, reaching $24.74. 2,867 shares of the company’s stock were exchanged, compared to its average volume of 1,450. The firm’s 50-day moving average price is $24.65 and its 200 day moving average price is $24.30. Pyxis Tankers has a 1-year low of $21.00 and a 1-year high of $25.00.

Pyxis Tankers Company Profile

Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.