Paragon Shipping sets 5-cent quarterly dividend

AP News
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Posted: Nov 10, 2009 6:04 PM

Greek drybulk carrier Paragon Shipping Inc. said Tuesday the company would pay a quarterly dividend of 5 cents per share, unchanged from the second quarter.

The dividend will be paid Dec. 14 to shareholders of record on Dec. 1, the company said.

The shares rose 7 cents to close regular trading at $4.46.