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CPLP Capital Product Partners L P dividend history, payout ratio & dates

Capital Product Partners L P's last quarterly dividend of $0.15 per share was on May 6, 2024 (ex-date). The annualized dividend payment of $0.6 per share represents a current dividend yield of 3.63%.

Key dates

  • CPLP last dividend date: May 6, 2024
  • CPLP next dividend date: Not announced
CPLP dividend stats
DPS
$0.6
Dividend yield
3.63%
Payout ratio
26.4%
vs. Industrials sector
Dividend yield
1.36%
Payout ratio
32.7%

Dividend yield

What is Capital Product Partners L P current dividend yield

CPLP has a dividend yield of 3.63% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.36%, Capital Product Partners L P's dividend yield is 167% higher. Historically CPLP's dividend yield has averaged at 6.5% in the last 5 years, which is above the current yield.

Dividend history

What is CPLP dividend payout history and dates

Capital Product Partners L P has a history of paying dividends since 2007. Our records of CPLP show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the stock price up by 8% from a year ago, the dividend yield has decreased by 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 6, 2024 May 14, 2024 Apr 25, 2024 $0.15 normal
Feb 5, 2024 Feb 13, 2024 Jan 25, 2024 $0.15 normal
Nov 3, 2023 Nov 13, 2023 Oct 23, 2023 $0.15 normal
Aug 1, 2023 Aug 8, 2023 Jul 20, 2023 $0.15 normal
May 5, 2023 May 12, 2023 Apr 25, 2023 $0.15 normal
Feb 6, 2023 Feb 10, 2023 Jan 26, 2023 $0.15 normal
Nov 1, 2022 Nov 10, 2022 Oct 20, 2022 $0.15 normal
Aug 5, 2022 Aug 12, 2022 Jul 26, 2022 $0.15 normal
May 5, 2022 May 12, 2022 Apr 27, 2022 $0.15 normal
Feb 2, 2022 Feb 10, 2022 Jan 24, 2022 $0.15 normal
Nov 4, 2021 Nov 12, 2021 Oct 25, 2021 $0.1 normal
Aug 2, 2021 Aug 10, 2021 Jul 21, 2021 $0.1 normal
Apr 30, 2021 May 10, 2021 Apr 26, 2021 $0.1 normal
Feb 1, 2021 Feb 10, 2021 Jan 22, 2021 $0.1 normal
Oct 30, 2020 Nov 10, 2020 Oct 21, 2020 $0.1 normal
Aug 6, 2020 Aug 14, 2020 Jul 31, 2020 $0.1 normal
May 7, 2020 May 15, 2020 Apr 28, 2020 $0.35 normal
Jan 31, 2020 Feb 11, 2020 Jan 21, 2020 $0.35 normal
Oct 31, 2019 Nov 8, 2019 Oct 22, 2019 $0.315 normal
Aug 1, 2019 Aug 15, 2019 Jul 23, 2019 $0.315 normal
May 10, 2019 May 15, 2019 May 3, 2019 $0.315 normal
Feb 4, 2019 Feb 14, 2019 Jan 22, 2019 $0.315 normal

Capital Product Partners L P dividend payout ratio

What is Capital Product Partners L P dividend payout ratio compared to the sector

Payout ratio

CPLP has a payout ratio of 26.4% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 32.7%, Capital Product Partners L P's payout ratio is 19% lower.

Total amount of dividends paid per financial year (from cash flow)

CPLP dividend vs peer dividends

How does CPLP dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CPLP Capital Product Partners L P 3.63% $0.6 26.4%
STNG Scorpio Tankers Inc 1.8% $1.4 12.4%

Frequently asked questions

Does Capital Product Partners L P pay a dividend?

Yes, Capital Product Partners L P has been paying dividends for the last 17 years.

When is Capital Product Partners L P's next dividend?

CPLP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in August 2024.

When was CPLP's last dividend?

Capital Product Partners L P's last regular dividend was on May 6, 2024 (ex-date) with the amount of $0.15 per share.

How much dividend does Capital Product Partners L P pay (per share)?

CPLP's annualized dividend per share is $0.6.

What is Capital Product Partners L P's dividend yield?

Capital Product Partners L P's current dividend yield is 3.63%.

How often does Capital Product Partners L P pay dividends?

Capital Product Partners L P pays dividends quarterly.

What is Capital Product Partners L P's dividend payout ratio?

Capital Product Partners L P's dividend payout ratio is 26.4%.

Does Capital Product Partners L P pay a good dividend?

Capital Product Partners L P's dividend yield is above the Industrials sector average.