Himalaya Shipping Ltd. (NYSE:HSHP) Stock to Pay Monthly Dividend of $0.20

Himalaya Shipping Ltd. (NYSE:HSHP) announced a monthly dividend on Tuesday, November 10th. Investors of record on Monday, November 23rd will be given a dividend of $0.20 per share on Friday, November 27th. This represents a $2.40 dividend on an annualized basis and a yield of 14.6%. The ex-dividend date is Monday, November 23rd.

Himalaya Shipping has a dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings.

Himalaya Shipping Trading Up 3.2%

Shares of NYSE HSHP traded up $0.51 during trading hours on Wednesday, hitting $16.44. The company’s stock had a trading volume of 396,598 shares, compared to its average volume of 368,789. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.19 and a current ratio of 1.19. Himalaya Shipping has a 12 month low of $7.95 and a 12 month high of $19.55. The stock has a market cap of $767.11 million, a price-to-earnings ratio of 14.55 and a beta of 1.39. The business has a 50-day simple moving average of $17.28 and a 200-day simple moving average of $14.92.

Himalaya Shipping (NYSE:HSHP) last announced its quarterly earnings results on Tuesday, November 10th. The company reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. Himalaya Shipping had a return on equity of 32.83% and a net margin of 31.44%. The company had revenue of $62.60 million during the quarter, compared to analyst estimates of $61.51 million.

Himalaya Shipping News Summary

Here’s some of the latest news about HSHP:

• Positive Sentiment: Preliminary third-quarter 2026 results showed revenue of $62.6 million, ahead of analysts’ $61.51 million estimate, while EPS of $0.71 matched consensus. The company also reported a 31.44% net margin and 32.83% return on equity. Preliminary results
• Positive Sentiment: Himalaya Shipping approved a US$0.20 cash dividend and reported October time-charter-equivalent (TCE) earnings, providing investors with a near-term income distribution and an update on vessel revenue. October TCE earnings and dividend
• Neutral Sentiment: The company filed its unaudited interim financial report and issued a commercial update covering October dividends and charter developments. The available reports do not provide further detail on those developments. Interim financial report

About Himalaya Shipping

Himalaya Shipping Ltd. is a dry bulk shipping company incorporated in Bermuda. It owns and operates Newcastlemax vessels, large bulk carriers designed to transport commodities such as iron ore, coal and grain. The company’s fleet is equipped with dual-fuel engines that can run on liquefied natural gas as well as conventional marine fuel. Its vessels serve international bulk shipping routes, carrying cargo between major commodity-producing and consuming regions. Himalaya Shipping began building its fleet in the early 2020s and became a publicly traded company in 2023.