NEW YORK ( TheStreet) -- The ex-dividend date for Euroseas (Nasdaq: ESEA) is tomorrow, May 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $1.22 as of 9:30 a.m. ET, the dividend yield is 13%. The average volume for Euroseas has been 123,300 shares per day over the past 30 days. Euroseas has a market cap of $38.3 million and is part of the services sector and transportation industry. Shares are down 47.7% year to date as of the close of trading on Tuesday. Euroseas Ltd., together with its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport bulks, such as iron ore, coal, and grains, as well as minor bulks, which include bauxite, phosphate, and fertilizers. The company has a P/E ratio of 15.4, below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter