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ASC Ardmore Shipping dividend history, payout ratio & dates

Ardmore Shipping's most recent quarterly dividend payment of $0.16 per share was made to shareholders on record before Nov 29, 2023. The payout stands at $1.15 per share annually, which works out to a dividend yield of 7.23%. The latest ASC stock dividend of $0.16 is a decrease from the previous $0.19 distribution, representing a change of -16%.

Key dates

  • ASC last dividend date: Nov 29, 2023
  • ASC next dividend date: Feb 28, 2024
ASC dividend stats
DPS
$1.15
Dividend yield
7.23%
Payout ratio
41.7%
vs. Industrials sector
Dividend yield
1.44%
Payout ratio
30.9%

Dividend yield

What is Ardmore Shipping current dividend yield

ASC has a dividend yield of 7.23% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.44%, Ardmore Shipping's dividend yield is 402% higher.

Dividend history

What is ASC dividend payout history and dates

According to our data ASC has issued four quarterly dividends in the last twelve months.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 29, 2023 Dec 15, 2023 Nov 7, 2023 $0.16 normal
Aug 30, 2023 Sep 15, 2023 Aug 1, 2023 $0.19 normal
May 30, 2023 Jun 15, 2023 May 9, 2023 $0.35 normal
Feb 27, 2023 Mar 15, 2023 Feb 14, 2023 $0.45 normal
Feb 20, 2020 Feb 28, 2020 Feb 11, 2020 $0.05 normal

Ardmore Shipping dividend payout ratio

What is Ardmore Shipping dividend payout ratio compared to the sector

Payout ratio

ASC has a payout ratio of 41.7% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.9%, Ardmore Shipping's payout ratio is 35% higher.

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

Frequently asked questions

Does Ardmore Shipping pay a dividend?

Ardmore Shipping has paid four dividends in the last 12 months.

When is Ardmore Shipping's next dividend?

ASC's next dividend is scheduled on Feb 28, 2024 (ex-date).

When was ASC's last dividend?

Ardmore Shipping's last dividend ex-date was on Nov 29, 2023. The dividend amount was $0.16 per share.

How much dividend does Ardmore Shipping pay (per share)?

ASC has paid dividend of $1.15 per share in the last year.

What is Ardmore Shipping's dividend yield?

Currently Ardmore Shipping's dividend yield is 7.23%.

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 41.7%.

Does Ardmore Shipping pay a good dividend?

Ardmore Shipping's dividend yield is more than the Industrials sector average.