Ardmore Shipping's most recent dividend payment of $0.38 per share was made to shareholders on record before Aug 30, 2024. The payout stands at $1.06 per share annually, which works out to a dividend yield of 5.99%. The latest ASC stock dividend of $0.38 is an increase from the previous $0.31 distribution, representing a growth of 23%.
ASC has a dividend yield of 5.99% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.49%, Ardmore Shipping's dividend yield is 302% higher.
According to our data ASC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 7% for the last year. However since the stock price has gone up by 41% from a year ago, the dividend yield has decreased by 24%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 29.9% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 31.7%, Ardmore Shipping's payout ratio is 6% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
ASC Ardmore Shipping Corp | 6.01% | $1.06 | 29.9% |
TNK Teekay Tankers Ltd | 5.36% | $3 | 23.1% |
Ardmore Shipping has paid four dividends in the last 12 months.
Ardmore Shipping's last dividend ex-date was on Aug 30, 2024. The dividend amount was $0.38 per share.
ASC has paid dividend of $1.06 per share in the last year.
Currently Ardmore Shipping's dividend yield is 5.99%.
Ardmore Shipping pays four dividends per year.
The dividend payout ratio of Ardmore Shipping is 29.9%.
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.