Seanergy Maritime Reports Record Full Year Profitability; Reports Fourth Quarter and Twelve Month Financial Results for the Periods Ended December 31, 2024; Declares Quarterly Cash Dividend of $0.10 Per Share
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Seanergy Maritime reported record profitability for 2024, with net income reaching $43.5 million, a significant increase from $2.3 million in 2023. The company declared a quarterly cash dividend of $0.10 per share and completed stock buybacks worth $2.1 million. Seanergy also secured a new $53.6 million sustainability-linked loan and delivered two new vessels.
March 06, 2025 | 1:15 pm
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Seanergy Maritime achieved record profitability in 2024 with a net income of $43.5 million, up from $2.3 million in 2023. The company declared a $0.10 per share dividend and completed $2.1 million in stock buybacks. It also secured a $53.6 million sustainability-linked loan and added two new vessels to its fleet.
The record profitability and significant year-over-year growth in net income are positive indicators for Seanergy Maritime. The declared dividend and stock buybacks suggest strong financial health and shareholder returns, likely boosting investor confidence. The new loan and vessel acquisitions indicate strategic growth and sustainability efforts.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100