Hapag-Lloyd Aktiengesellschaft (HLAGF)
- Reuters
Hapag-Lloyd: risk zone around Red Sea has not spread to Mediterranean for now
German container shipper Hapag-Lloyd on Monday said it continued to avoid the Red Sea and Gulf of Aden, adding that the "risk zone" related to possible attacks by Iran-aligned Houthi militants had not spread to the Mediterranean Sea. Earlier, bigger rival Maersk said the disruption to container shipping traffic in the Red Sea was increasing and expected to reduce the industry's capacity between the Far East and Europe by up to 20% in the second quarter.
- Reuters
UPDATE 5-Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry's capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping companies have diverted vessels around Africa's Cape of Good Hope since December to avoid attacks by Iran-aligned Houthi militants in the Red Sea, with the longer voyage times pushing freight rates higher. "The risk zone has expanded, and attacks are reaching further offshore," Denmark's Maersk said.
- GuruFocus.com
Hapag-Lloyd AG's Dividend Analysis
Hapag-Lloyd AG (HPGLY) recently announced a dividend of $4.96 per share, payable on 2024-05-21, with the ex-dividend date set for 2024-05-02. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Hapag-Lloyd AG's dividend performance and assess its sustainability.
