Pingtan Marine Enterprise (PME) Declares $0.01 Quarterly Dividend; 1.7% Yield

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Go back to Pingtan Marine Enterprise (PME) Declares $0.01 Quarterly Dividend; 1.7% Yield

Pingtan Marine Enterprise Declares Quarterly Cash Dividend for First Quarter 2017

January 17, 2017 8:00 AM EST

FUZHOU, China, Jan. 17, 2017 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") a global fishing company based in the People's Republic of China (PRC), today announced that the Company has declared a quarterly cash dividend of $0.01 per share of common stock outstanding, payable in cash on or about February 15, 2017 to shareholders of record on January 31, 2017. This marks the ninth consecutive quarterly dividend paid by Pingtan.

The Company intends to continue paying a cash dividend on a quarterly basis, and expects to adjust its quarterly... More