Ardmore Shipping's most recent dividend payment of $0.08 per share was made to shareholders on record before Feb 28, 2025. The payout stands at $0.95 per share annually, which works out to a dividend yield of 9.3%. The latest ASC stock dividend of $0.08 is a decrease from the previous $0.18 distribution, representing a change of -56%.
ASC has a dividend yield of 9.3% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.58%, Ardmore Shipping's dividend yield is 489% higher.
Ardmore Shipping has been paying dividends consistently since 2023. According to our data ASC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.4% for the last year. And since the stock price has gone down by 38% from a year ago, the dividend yield has increased by 68%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Feb 28, 2025 | $0.08 | 10.49% |
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% |
ASC has a payout ratio of 30.7% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 34%, Ardmore Shipping's payout ratio is 10% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
ASC Ardmore Shipping Corp | 9.63% | $0.95 | 30.7% |
DHT DHT Holdings Inc | 9% | $0.95 | 84.8% |
TNK Teekay Tankers Ltd | 7.72% | $3 | 25.6% |
Yes, Ardmore Shipping has paid four dividends in the last 12 months. ASC has been paying dividends since 2023.
Ardmore Shipping's last dividend ex-date was on Feb 28, 2025. The dividend amount was $0.08 per share.
ASC has paid dividend of $0.95 per share in the last year.
Currently Ardmore Shipping's dividend yield is 9.3%.
Ardmore Shipping pays four dividends per year.
The dividend payout ratio of Ardmore Shipping is 30.7%.
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.