Capital Product Partners LP is a Greece-based international owner of ocean-going vessels. The Company's fleet consists of 22 vessels, including 11 Neo-Panamax container carrier vessels (1.1 million DWT and total TEU capacity of 90,889), three Panamax container carrier vessels (0.2 million DWT and total TEU capacity of 15,267), one Capesize bulk carrier vessel (0.2 million DWT) and seven LNG carrier vessels (0.6 million DWT and total capacity of 1.2 million CBM), with a DWT weighted average fleet age of approximately 7.2 years as at March 31, 2023. The Company's container and LNG carrier vessels are chartered under medium- to long-term charters.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 97.28% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 369.41M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 491.90%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 491.90%.
Overvalued
The company’s latest PB is 0.88, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 366.94K shares, decreasing 86.71% quarter-over-quarter.
Held by Donald G. Smith
Star Investor Donald G. Smith holds 0.00 shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.78.