Pingtan Marine Enterprise (PME) Declares $0.01 Quarterly Dividend; 1% Yield

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Pingtan Marine Enterprise Declares Quarterly Cash Dividend For the Third Quarter 2017

July 14, 2017 8:00 AM EDT

FUZHOU, China, July 14, 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 August 15, 2017 to shareholders of record on July 31, 2017. This marks the eleventh 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 dividend rate in... More