ASC Ardmore Shipping dividend history, payout ratio & dates
Ardmore Shipping's most recent dividend payment of $0.18 per share was made to shareholders on record before Nov 29, 2024. The payout stands at $1.08 per share annually, which works out to a dividend yield of 9.47%. The latest ASC stock dividend of $0.18 is a decrease from the previous $0.38 distribution, representing a change of -53%.
Key dates
- ASC last dividend date: Nov 29, 2024
ASC dividend stats
vs. Industrials sector
Dividend yield
ASC has a dividend yield of 9.47% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.4%, Ardmore Shipping's dividend yield is 576% higher.
Dividend history
According to our data ASC has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 6% for the last year. However since the stock price has gone down by 27% from a year ago, the dividend yield has increased by 28%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 29, 2024 | $0.18 | 9.68% |
| Aug 30, 2024 | $0.38 | 5.61% |
| May 31, 2024 | $0.31 | 3.88% |
| Feb 28, 2024 | $0.21 | 5.68% |
| Nov 29, 2023 | $0.16 | 8.47% |
| Aug 30, 2023 | $0.19 | 7.72% |
| May 30, 2023 | $0.35 | 6.72% |
| Feb 27, 2023 | $0.45 | 2.45% |
| Feb 20, 2020 | $0.05 | 0.84% |
| Aug 12, 2016 | $0.11 | 9.16% |
| May 12, 2016 | $0.16 | 7.8% |
| Feb 11, 2016 | $0.13 | 8.33% |
| Nov 4, 2015 | $0.31 | 4.7% |
| Jul 29, 2015 | $0.1 | 2.91% |
| Apr 28, 2015 | $0.1 | 3.23% |
| Jan 28, 2015 | $0.1 | 3.52% |
Ardmore Shipping dividend payout ratio
Payout ratio
ASC has a payout ratio of 30% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 33.1%, Ardmore Shipping's payout ratio is 9% lower.
Total amount of dividends paid per financial year (from cash flow)
ASC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ASC Ardmore Shipping Corp | 9.5% | $1.08 | 30% |
| DHT DHT Holdings Inc | 9.48% | $1 | 100% |
| TNK Teekay Tankers Ltd | 7.44% | $3 | 24.4% |
Frequently asked questions
Does Ardmore Shipping pay a dividend?
Ardmore Shipping has paid four dividends in the last 12 months.
When was ASC's last dividend?
Ardmore Shipping's last dividend ex-date was on Nov 29, 2024. The dividend amount was $0.18 per share.
How much dividend does Ardmore Shipping pay (per share)?
ASC has paid dividend of $1.08 per share in the last year.
What is Ardmore Shipping's dividend yield?
Currently Ardmore Shipping's dividend yield is 9.47%.
How often does Ardmore Shipping pay dividends?
Ardmore Shipping pays four dividends per year.
What is Ardmore Shipping's dividend payout ratio?
The dividend payout ratio of Ardmore Shipping is 30%.
Does Ardmore Shipping pay a good dividend?
Ardmore Shipping's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.