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Navigator Holdings Ltd. Reports Earnings Beat and Increases Quarterly Dividend

1 report, 1 independent Updated Wed 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Navigator Holdings Ltd. reported quarterly earnings of $0.41 per share, surpassing the consensus estimate of $0.40. The company also declared a quarterly dividend of $0.08 per share, which represents a 14.3% increase from the previous dividend of $0.07.

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The dividend payout ratio stands at 17.8%, meaning the dividend is sufficiently covered by earnings. Analysts expect Navigator Holdings Ltd. to earn $1.85 per share next year, which would project a future payout ratio of 15.1%.

From themarketsdaily.com

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