Dividend Growth of Pingtan Marine Enterprise Ltd.(PME)

Pingtan Marine Enterprise Ltd.(PME) is having a Dividend Yield of 0.99% with the Annual cash Dividend per share of $0.05. The last quarter cash dividend per share pay out was $0.01. Pingtan Marine Enterprise Ltd. has a 5 year average dividend yield of 1.15% and the stock has a Indicated annual dividend of $0.04. Pingtan Marine Enterprise Ltd.(PME) formally announced its most recent dividend on January 18, 2017 with a Dividend per share of $0.01. The new indicated annual dividend based on announced dividend per share is $0.04. The dividend yield based on the forward looking indicated annual dividend is 0.99%.

Pingtan Marine Enterprise Ltd. (NASDAQ:PME) rose 6.65% or 0.27 points on Thursday and made its way into the gainers of the day. After trading began at $4.1 the stock was seen hitting $4.35 as a peak level and $4.1 as the lowest level. The stock ended up at $4.33. The daily volume was measured at 695,161 shares. The 52-week high of the share price is $4.35 and the 52-week low is $0.84. The company has a market cap of $342 million. Shares of Pingtan Marine Enterprise Ltd. rose by 27.35% in the last five trading days and 78.93% for the last 4 weeks. Pingtan Marine Enterprise Ltd. is up 276.52% in the last 3-month period. Year-to-Date the stock performance stands at 148.85%.

Currently the company Insiders own 56.2% of Pingtan Marine Enterprise Ltd. shares according to the proxy statements. Institutional Investors own 0.56% of Pingtan Marine Enterprise Ltd. shares.

Pingtan Marin Enterprise Ltd. provides marine services primarily in China, through its wholly-owned subsidiaries, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd. The company engages in ocean fishing through self-owned vessels operating within the Arafura Sea of Indonesia and the Indian Exclusive Economic Zone. Pingtan Marin Enterprise Ltd. is based in FUZHOU, China.

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