While U.S. markets continue to move to new highs, there is one firm that continues to move in exact opposite direction. DryShips Inc. (NASDAQ:DRYS) continues to decline after its share sale deal worth $200 million with Kalani Investments. As increased dilution adds up, stock continue to decline. The buzz As of now, DryShips is selling […]
NASDAQ:DRYS
DryShips Inc. (NASDAQ:DRYS) Announces Its First Dividend Under the New Policy
DryShips Inc. (NASDAQ:DRYS) a diversified holding firm of ocean going cargo vessels, reported that its Board has decided to start a new dividend policy. The firm will compensate a fixed quarterly dividend of $2.5 million. At its discretion, the Board may compensate additional amounts as payout each quarter based on market conditions and the firm’s […]
DryShips Inc. (NASDAQ:DRYS) To Exercise Preferred Stock Right
DryShips Inc. (NASDAQ:DRYS), better known for owning offshore support vessels and drybulk carriers, announced that it would exercise the preferred stock right. As per the reports, the board of directors gave approval for exercising this right under Revolving Facility Agreement with Mr. George Economou owned Sifnos Shareholders Inc. Insights of The Matter As part of […]
