Declared Dividend • May 25
First quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 29th June 2026 Payment date: 10th July 2026 Dividend yield will be 14%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (151% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Anuncio • May 24
United Maritime Corporation Announces Quarterly Dividend, Payable on July 10, 2026 United Maritime Corporation declared a cash dividend of $0.10 per common share for the first quarter of 2026 payable on or about July 10, 2026, to all shareholders of record as of June 29, 2026. Reported Earnings • May 23
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: US$0.016 loss per share (improved from US$0.52 loss in 1Q 2025). Revenue: US$7.95m (up 2.5% from 1Q 2025). Net loss: US$139.0k (loss narrowed 97% from 1Q 2025). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 92%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Shipping industry in the US. Anuncio • May 19
United Maritime Corporation to Report Q1, 2026 Results on May 21, 2026 United Maritime Corporation announced that they will report Q1, 2026 results Pre-Market on May 21, 2026 Reported Earnings • Apr 14
Full year 2025 earnings released: US$0.70 loss per share (vs US$0.39 loss in FY 2024) Full year 2025 results: US$0.70 loss per share (further deteriorated from US$0.39 loss in FY 2024). Revenue: US$37.8m (down 17% from FY 2024). Net loss: US$6.19m (loss widened 83% from FY 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Shipping industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 155 percentage points per year, which is a significant difference in performance. Declared Dividend • Mar 15
Fourth quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 27th March 2026 Payment date: 10th April 2026 Dividend yield will be 11%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Reported Earnings • Mar 13
Full year 2025 earnings released: US$0.70 loss per share (vs US$0.39 loss in FY 2024) Full year 2025 results: US$0.70 loss per share (further deteriorated from US$0.39 loss in FY 2024). Revenue: US$37.8m (down 17% from FY 2024). Net loss: US$6.21m (loss widened 84% from FY 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Shipping industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 152 percentage points per year, which is a significant difference in performance. Anuncio • Mar 13
United Maritime Corporation Announces Impairment Loss for Vessels for the Three Months Ended December 31, 2025 United Maritime Corporation announced impairment loss for vessels the three months ended December 31, 2025. For the three months, the company announced impairment loss for vessels of $2,142,000, while the impairment loss in 2024 for correspondence period was $828,000. Anuncio • Mar 09
United Maritime Corporation to Report Q4, 2025 Results on Mar 12, 2026 United Maritime Corporation announced that they will report Q4, 2025 results Pre-Market on Mar 12, 2026 Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: US$0.12 (vs US$0.10 loss in 3Q 2024) Third quarter 2025 results: EPS: US$0.12 (up from US$0.10 loss in 3Q 2024). Revenue: US$11.0m (down 5.2% from 3Q 2024). Net income: US$1.07m (up US$1.96m from 3Q 2024). Profit margin: 9.7% (up from net loss in 3Q 2024). Revenue is expected to fall by 21% p.a. on average during the next 2 years compared to a 1.5% decline forecast for the Shipping industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 156 percentage points per year, which is a significant difference in performance. Anuncio • Nov 12
United Maritime Corporation Declares Dividend for the Third Quarter of 2025, Payable on or about January 9, 2026 United Maritime Corporation declared a cash dividend of $0.09 per common share for the third quarter of 2025 payable on or about January 9, 2026, to all shareholders of record as of December 29, 2025. Anuncio • Nov 06
United Maritime Corporation to Report Q3, 2025 Final Results on Nov 11, 2025 United Maritime Corporation announced that they will report Q3, 2025 final results Pre-Market on Nov 11, 2025 Anuncio • Sep 26
United Maritime Corporation, Annual General Meeting, Oct 30, 2025 United Maritime Corporation, Annual General Meeting, Oct 30, 2025, at 17:00 GTB Standard Time. Location: 154 vouliagmenis avenue, 16674 glyfada, greece, Greece New Risk • Aug 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.07x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$15.6m market cap). Upcoming Dividend • Aug 11
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 18 August 2025. Payment date: 10 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (8.5%). Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: US$0.11 (vs US$0.077 in 2Q 2024) Second quarter 2025 results: EPS: US$0.11 (up from US$0.077 in 2Q 2024). Revenue: US$12.5m (flat on 2Q 2024). Net income: US$978.0k (up 46% from 2Q 2024). Profit margin: 7.8% (up from 5.4% in 2Q 2024). Revenue is expected to fall by 17% p.a. on average during the next 2 years compared to a 2.1% decline forecast for the Shipping industry in the US. Anuncio • Aug 07
United Maritime Corporation Declares Quarterly Cash Dividend for the Second Quarter of 2025, Payable on or About October 10, 2025 United Maritime Corporation also declared a cash dividend of $0.03 per common share for the second quarter of 2025 payable on or about October 10, 2025, to all shareholders of record as of August 18, 2025. Anuncio • Aug 04
United Maritime Corporation to Report Q2, 2025 Results on Aug 06, 2025 United Maritime Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 26% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$14.2m market cap). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director John Kartsonas was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 10 July 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (8.9%). Buy Or Sell Opportunity • Jun 13
Now 42% overvalued Over the last 90 days, the stock has fallen 7.5% to US$1.72. The fair value is estimated to be US$1.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last year. Meanwhile, the company became loss making. Declared Dividend • May 25
First quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 30th June 2025 Payment date: 10th July 2025 Dividend yield will be 13%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (12% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 26% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (US$11.8m market cap). Anuncio • May 23
United Maritime Corporation Declares Quarterly Cash Dividend for the First Quarter of 2025, Payable on or About July 10, 2025 United Maritime Corporation declared a cash dividend of $0.01 per common share for the first quarter of 2025 payable on or about July 10, 2025, to all shareholders of record as of June 30, 2025. Anuncio • May 19
United Maritime Corporation to Report Q1, 2025 Results on May 22, 2025 United Maritime Corporation announced that they will report Q1, 2025 results Pre-Market on May 22, 2025 Recent Insider Transactions • Apr 14
Chairman & CEO recently bought US$361k worth of stock On the 9th of April, Stamatios Tsantanis bought around 276k shares on-market at roughly US$1.31 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stamatios' only on-market trade for the last 12 months. New Risk • Apr 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.99m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Market cap is less than US$10m (US$9.99m market cap). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Mar 24
Now 21% overvalued Over the last 90 days, the stock has fallen 18% to US$1.53. The fair value is estimated to be US$1.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 20
Full year 2024 earnings released: US$0.39 loss per share (vs US$0.015 profit in FY 2023) Full year 2024 results: US$0.39 loss per share (down from US$0.015 profit in FY 2023). Revenue: US$45.4m (up 26% from FY 2023). Net loss: US$3.38m (down US$3.51m from profit in FY 2023). Revenue is expected to fall by 5.0% p.a. on average during the next 2 years compared to a 3.0% decline forecast for the Shipping industry in the US. Declared Dividend • Mar 20
Fourth quarter dividend reduced to US$0.01 Dividend of US$0.01 is 87% lower than last year. Ex-date: 27th March 2025 Payment date: 10th April 2025 Dividend yield will be 15%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 2 years but payments have been stable during that time. Anuncio • Mar 18
United Maritime Corporation Declares Cash Dividend for the Fourth Quarter of 2024, Payable on or About April 10, 2025 United Maritime Corporation declared a cash dividend of $0.01 per common share for the fourth quarter of 2024 payable on or about April 10, 2025, to all shareholders of record as of March 27, 2025. Anuncio • Mar 13
United Maritime Corporation to Report Q4, 2024 Results on Mar 18, 2025 United Maritime Corporation announced that they will report Q4, 2024 results Pre-Market on Mar 18, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of US$0.075 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 10 January 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 16%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (12%). Declared Dividend • Nov 29
Third quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 27th December 2024 Payment date: 10th January 2025 Dividend yield will be 15%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 2 years but payments have been stable during that time. Reported Earnings • Nov 27
Third quarter 2024 earnings released: US$0.10 loss per share (vs US$1.00 profit in 3Q 2023) Third quarter 2024 results: US$0.10 loss per share (down from US$1.00 profit in 3Q 2023). Revenue: US$11.6m (down 1.0% from 3Q 2023). Net loss: US$894.0k (down 110% from profit in 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, while revenues in the Shipping industry in the US are expected to remain flat. Anuncio • Nov 26
United Maritime Corporation Declares Cash Dividend for the Third Quarter of 2024, Payable on or About January 10, 2025 United Maritime Corporation declared a cash dividend of $0.075 per common share for the third quarter of 2024 payable on or about January 10, 2025, to all shareholders of record as of December 27, 2024. Anuncio • Nov 21
United Maritime Corporation to Report Q3, 2024 Results on Nov 26, 2024 United Maritime Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 26, 2024 Anuncio • Oct 07
United Maritime Corporation, Annual General Meeting, Nov 07, 2024 United Maritime Corporation, Annual General Meeting, Nov 07, 2024, at 17:30 GTB Standard Time. Location: at 154 vouliagmenis avenue, 16674 glyfada, Greece Upcoming Dividend • Sep 20
Upcoming dividend of US$0.075 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 10 October 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (5.3%). Declared Dividend • Aug 08
First quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 27th September 2024 Payment date: 10th October 2024 Dividend yield will be 12%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is less than the 94% EPS decline seen over the last year. Anuncio • Aug 06
United Maritime Corporation Declares Cash Dividend for the Second Quarter of 2024, Payable on or About October 10, 2024 United Maritime Corporation declared a cash dividend of $0.075 per common share for the second quarter of 2024 payable on or about October 10, 2024 to all shareholders of record as of September 27, 2024. Anuncio • Aug 01
United Maritime Corporation to Report Q2, 2024 Results on Aug 06, 2024 United Maritime Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 06, 2024 Upcoming Dividend • Jun 18
Upcoming dividend of US$0.075 per share Eligible shareholders must have bought the stock before 25 June 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 12%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.7%). Declared Dividend • May 27
Fourth quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 25th June 2024 Payment date: 10th July 2024 Dividend yield will be 11%, which is higher than the industry average of 8.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 19x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 2,112% to bring the payout ratio under control. However, EPS has declined by 100% over the last year so the company would need to reverse this trend. Anuncio • May 25
United Maritime Corporation Declares Cash Dividend for the First Quarter of 2024, Payable on or About July 10, 2024 On May 23, 2024, United Maritime Corporation declared a cash dividend of $0.075 per share for the first quarter of 2024 payable on or about July 10, 2024 to all shareholders of record as of June 25, 2024. Anuncio • May 23
United Maritime Corporation to Report Q1, 2024 Results on May 24, 2024 United Maritime Corporation announced that they will report Q1, 2024 results Pre-Market on May 24, 2024 Reported Earnings • Apr 08
Full year 2023 earnings released: EPS: US$0.015 (vs US$8.50 in FY 2022) Full year 2023 results: EPS: US$0.015 (down from US$8.50 in FY 2022). Revenue: US$36.1m (up 45% from FY 2022). Net income: US$126.0k (down 100% from FY 2022). Profit margin: 0.3% (down from 154% in FY 2022). New Risk • Apr 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (124% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Market cap is less than US$100m (US$23.0m market cap). Upcoming Dividend • Mar 14
Upcoming dividend of US$0.075 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 10 April 2024. Trailing yield: 11%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.8%). Declared Dividend • Feb 22
Fourth quarter dividend of US$0.075 announced Dividend of US$0.075 is the same as last year. Ex-date: 21st March 2024 Payment date: 10th April 2024 Dividend yield will be 12%, which is higher than the industry average of 8.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Anuncio • Feb 20
United Maritime Corporation Declares a Cash Dividend for the Fourth Quarter of 2023, Payable on or About April 10, 2024 United Maritime Corporation declared a cash dividend of $0.075 per share for the fourth quarter of 2023 payable on or about April 10, 2024 to all shareholders of record as of March 22, 2024. Anuncio • Feb 16
United Maritime Corporation to Report Q4, 2023 Results on Feb 20, 2024 United Maritime Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 20, 2024 Buy Or Sell Opportunity • Feb 01
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to US$2.83. The fair value is estimated to be US$2.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Upcoming Dividend • Dec 14
Upcoming dividend of US$0.075 per share at 12% yield Eligible shareholders must have bought the stock before 21 December 2023. Payment date: 10 January 2024. Trailing yield: 12%. Within top quartile of American dividend payers (4.9%). Higher than average of industry peers (9.7%). New Risk • Nov 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (US$19.7m market cap). Anuncio • Nov 17
United Maritime Corporation Declares Cash Dividend for the Third Quarter of 2023 Payable on or About January 10, 2024 United Maritime Corporation declared a cash dividend of $0.075 per share for the third quarter of 2023 payable on or about January 10, 2024 to all shareholders of record as of December 22, 2023. Anuncio • Nov 10
United Maritime Corporation to Report Q3, 2023 Results on Nov 15, 2023 United Maritime Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 15, 2023 Recent Insider Transactions Derivative • Oct 13
Independent Director notifies of intention to sell stock Ioannis Kartsonas intends to sell 93k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of October. If the sale is conducted around the recent share price of US$2.55, it would amount to US$237k. Since March 2023, Ioannis has owned 175.30k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Anuncio • Oct 01
United Maritime Corporation, Annual General Meeting, Nov 14, 2023 United Maritime Corporation, Annual General Meeting, Nov 14, 2023, at 17:30 E. Europe Standard Time. Location: 154 Vouliagmenis Avenue 16674 Glyfada Glifada Greece Agenda: To elect Messrs. Christina Anagnostara and Ioannis Kartsonas, as Class A Directors to serve until the 2026 Annual Meeting of Shareholders; to approve the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. to serve as the Company’s independent auditors for the fiscal year ending December 31, 2023; and to transact any other business as may properly come before the Meeting or any adjournment or postponement thereof. Upcoming Dividend • Sep 14
Upcoming dividend of US$0.075 per share at 12% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 06 October 2023. Trailing yield: 12%. Within top quartile of American dividend payers (4.9%). In line with average of industry peers (11%). New Risk • Aug 23
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 13% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (US$20.3m market cap). Board Change • Aug 23
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO & Director Stavros Gyftakis is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Aug 04
United Maritime Corporation Declares Cash Dividend for the Second Quarter of 2023, Payable on or About October 6, 2023 United Maritime Corporation declared a cash dividend of $0.075 per common share for the second quarter of 2023 payable on or about October 6, 2023 to all shareholders of record as of September 22, 2023. Anuncio • Jul 29
United Maritime Corporation to Report Q2, 2023 Results on Aug 03, 2023 United Maritime Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 03, 2023 Recent Insider Transactions Derivative • May 29
Independent Director notifies of intention to sell stock Ioannis Kartsonas intends to sell 72k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of May. If the sale is conducted around the recent share price of US$2.80, it would amount to US$202k. Since March 2023, Ioannis has owned 175.30k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Anuncio • May 23
United Maritime Corporation Declares a Cash Dividend for the First Quarter of 2023, Payable on or About July 6, 2023 United Maritime Corporation declared a cash dividend of $0.075 per share for the first quarter of 2023 payable on or about July 6, 2023 to the shareholders of record as of June 22, 2023. Anuncio • Feb 18
United Maritime Corporation to Report Q4, 2022 Results on Feb 22, 2023 United Maritime Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 22, 2023 Anuncio • Nov 30
United Maritime Declares Special Cash Dividend, Payable on or About January 10, 2023 United Maritime Corporation announced that its board of directors has declared a special cash dividend of $1.00 per common share in connection with the recent profitable sale of the M/T Bluesea and M/T Parosea (the “Vessels”). The dividend is payable on or about January 10, 2023 to the common shareholders of record as of December 12, 2022. Anuncio • Nov 12
United Maritime Corporation to Report Q2, 2022 Results on Nov 16, 2022 United Maritime Corporation announced that they will report Q2, 2022 results Pre-Market on Nov 16, 2022 Anuncio • Oct 27
United Maritime Corporation (NasdaqCM:USEA) announces an Equity Buyback for $3 million worth of its shares. United Maritime Corporation (NasdaqCM:USEA) announces a share repurchase program. Under the program, the company will repurchase up to $3 million worth of its shares. The program will expire on March 31, 2023. Anuncio • Sep 23
United Maritime Corporation (NasdaqCM:USEA) announces an Equity Buyback for $3 million worth of its shares. United Maritime Corporation (NasdaqCM:USEA) announces a share repurchase program. Under the program, the company will repurchase up to $3 million of its shares. The offer will expire on March 31, 2023. Anuncio • Sep 19
United Maritime Corporation(NasdaqCM:USEA) dropped from S&P Global BMI Index United Maritime Corporation(NasdaqCM:USEA) dropped from S&P Global BMI Index Anuncio • Sep 03
United Maritime Corporation (NasdaqCM:USEA) announces an Equity Buyback for $3 million worth of its shares. United Maritime Corporation (NasdaqCM:USEA) announces a share repurchase program. Under the program, the company will repurchase up to $3 million of its shares. The offer will expire on March 31, 2023. Anuncio • Jul 20
United Maritime Corporation has completed a Composite Units Offering in the amount of $39.999998 million. United Maritime Corporation has completed a Composite Units Offering in the amount of $39.999998 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 8,000,000
Price\Range: $3.25