Ardmore Shipping's most recent quarterly dividend payment of $0.21 per share was made to shareholders on record before Feb 28, 2024. The payout stands at $0.91 per share annually, which works out to a dividend yield of 5.22%. The latest ASC stock dividend of $0.21 is an increase from the previous $0.16 distribution, representing a growth of 31%.
ASC has a dividend yield of 5.22% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.45%, Ardmore Shipping's dividend yield is 260% higher.
According to our data ASC has issued four quarterly dividends in the last twelve months.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 28, 2024 | Mar 15, 2024 | Feb 15, 2024 | $0.21 | normal |
| 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 |
ASC has a payout ratio of 33% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.7%, Ardmore Shipping's payout ratio is 7% higher.
Ardmore Shipping has paid four dividends in the last 12 months.
Currently ASC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
Ardmore Shipping's last dividend ex-date was on Feb 28, 2024. The dividend amount was $0.21 per share.
ASC has paid dividend of $0.91 per share in the last year.
Currently Ardmore Shipping's dividend yield is 5.22%.
Ardmore Shipping pays four dividends per year.
The dividend payout ratio of Ardmore Shipping is 33%.
Ardmore Shipping's dividend yield is more than the Industrials sector average.