INSW International Seaways dividend history, payout ratio & dates
International Seaways's latest dividend was on Sep 11, 2024 (ex-date) with a payout of $1.5 per share. On an annualized basis, the company has a current payout of $4.57 per share. This brings the dividend yield to 11.05% based on its recent close price. The latest dividend has a decrease of $0.25, or 14% from the prior distribution.
Key dates
- INSW last dividend date: Sep 11, 2024
INSW dividend stats
vs. Industrials sector
Dividend yield
INSW has a dividend yield of 11.05% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.36%, International Seaways's dividend yield is 713% higher.
Dividend history
International Seaways has been paying dividends since 2020. INSW has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 852% since twelve months ago. And with the price of the stock down by 10% from a year ago, the dividend yield marks an increase of 956%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 11, 2024 | $1.5 | 9.59% |
| Jun 12, 2024 | $1.75 | 5.42% |
| Mar 13, 2024 | $1.2 | 3.02% |
| Dec 12, 2023 | $0.12 | 1.13% |
| Sep 12, 2023 | $0.12 | 1.17% |
| Jun 13, 2023 | $0.12 | 1.35% |
| Mar 13, 2023 | $0.12 | 1.09% |
| Dec 7, 2022 | $0.12 | 1.11% |
| Sep 13, 2022 | $0.12 | 1.11% |
| Jun 16, 2022 | $0.12 | 6.44% |
| Mar 11, 2022 | $0.06 | 7.94% |
| Dec 8, 2021 | $0.06 | 8.38% |
| Sep 8, 2021 | $0.06 | 7.87% |
| Jul 14, 2021 | $1.12 | 7.92% |
| Jun 11, 2021 | $0.06 | 1.19% |
| Mar 10, 2021 | $0.06 | 1.23% |
| Dec 7, 2020 | $0.06 | 1.31% |
| Sep 8, 2020 | $0.06 | 1.13% |
| Jun 5, 2020 | $0.06 | 0.56% |
| Mar 16, 2020 | $0.06 | 0.31% |
International Seaways dividend payout ratio
Payout ratio
INSW has a payout ratio of 43.8% which is higher than the Industrials sector average but lower than the industry average. In comparison with the Industrials sector average of 32.7%, International Seaways's payout ratio is 34% higher.
Total amount of dividends paid per financial year (from cash flow)
INSW dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBLK Star Bulk Carriers Corp | 11.33% | $2.12 | 70.9% |
| INSW International Seaways Inc | 11.05% | $4.57 | 43.8% |
Frequently asked questions
Does International Seaways pay a dividend?
Yes, International Seaways has been paying dividends for the last four years.
When was INSW's last dividend?
International Seaways's last regular dividend was on Sep 11, 2024 (ex-date) with the amount of $1.5 per share.
How much dividend does International Seaways pay (per share)?
INSW's annualized dividend per share is $4.57.
What is International Seaways's dividend yield?
Currently International Seaways's dividend yield is 11.05%.
How often does International Seaways pay dividends?
International Seaways pays dividends quarterly.
What is International Seaways's dividend payout ratio?
International Seaways's dividend payout ratio is 43.8%.
Does International Seaways pay a good dividend?
International Seaways's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.