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Euroseas Ltd. Reports Results for the Quarter Ended June 30, 2026 and Declares Quarterly Common Stock Dividend

$ESEAPress releaseAug 13, 2026, 7:49 AM ETRead the release

Euroseas reported Q2 2026 net income of $33.2 million, or $4.77 per share, up from $4.32 per share in the prior year, alongside adjusted EBITDA of $40.1 million. The company declared a quarterly dividend of $0.80 per share, representing an annualized yield of approximately 4.2% to 4.5%.

Key figures

Eps
4.77
Revenue
56500000
Guidance
Charter coverage over 95% for remainder of 2026, 81% for 2027 and 47% for 2028
Revenue Yoy
-1.2%
Net income
33200000
Vessel count
21
Adjusted ebitda
40100000
Time charter rate
30306
Dividend per share
0.8

AI analysis

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