Daily dividend news for investors in dividend stocks

Paragon Shipping Inc. (PRGN) Posts Q2 adj.-EPS of $0.13, Tops by 8c; Declares $0.05 Quarterly Dividend; 4.6% Yield

Published Mon, 09 Aug 2010 16:42:48 -0400 on StreetInsider

Paragon Shipping Inc. (Nasdaq: PRGN) reports Q2 adjusted EPS of $0.13, 8 cents better than the analyst estimate of $0.05. Revenue for the quarter was $29.50 million, which compares to the estimate of $25.97 million. The Company's Board of Directors declared a quarterly dividend of $0.05 per share, $0.20 annualized. The dividend is payable on or about August 30, 2010 to shareholders of record as of the close of business on August 16, 2010. The ex-dividend date is August 12, 2010. Yield on the dividend is 4.6%.... Read more


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