Nasdaq-listed bulker and boxship owner Euroseas today announced a small increase in its dividend, a bonus that will also be available to those that bought into the company’s recent secondary share offering.



Euroseas chief Aristides Pittas
Euroseas will pay out $0.25 a share for the second quarter of the year, a 1 cent increase on its target payout of $0.24.



The company quickly added that, taking into account its June equity offering, the dividend actually represented a 37% leap on the previous quarter in dollar terms.



Euroseas