International Seaways's latest quarterly dividend was on Mar 13, 2023 (ex-date) with a payout of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 1.15% based on its recent close price.
INSW has a dividend yield of 1.15% which is lower than the Industrials sector average. In comparison with the Industrials sector average of 1.49%, International Seaways's dividend yield is 23% lower.
International Seaways has been paying dividends since 2020. INSW has distributed six dividends in the past year. This includes four regular and two special dividends. The annualized dividend per share marks an increase of 100% since twelve months ago. But with the price of the stock up by 141% from a year ago, the dividend yield has a decrease of 17%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 13, 2023 | Mar 28, 2023 | Feb 27, 2023 | $1.88 | special |
Mar 13, 2023 | Mar 28, 2023 | Feb 27, 2023 | $0.12 | normal |
Dec 7, 2022 | Dec 22, 2022 | Nov 7, 2022 | $1 | special |
Dec 7, 2022 | Dec 22, 2022 | Nov 7, 2022 | $0.12 | normal |
Sep 13, 2022 | Sep 28, 2022 | Aug 4, 2022 | $0.12 | normal |
Jun 16, 2022 | Jun 29, 2022 | Jun 7, 2022 | $0.12 | normal |
Mar 11, 2022 | Mar 28, 2022 | Feb 28, 2022 | $0.06 | normal |
Dec 8, 2021 | Dec 23, 2021 | Nov 8, 2021 | $0.06 | normal |
Sep 8, 2021 | Sep 23, 2021 | Aug 9, 2021 | $0.06 | normal |
Jun 11, 2021 | Jun 28, 2021 | Jun 5, 2021 | $0.06 | normal |
Mar 10, 2021 | Mar 26, 2021 | Feb 23, 2021 | $0.06 | normal |
Dec 7, 2020 | Dec 23, 2020 | Nov 6, 2020 | $0.06 | normal |
Sep 8, 2020 | Sep 23, 2020 | Aug 4, 2020 | $0.06 | normal |
Jun 5, 2020 | Jun 22, 2020 | May 20, 2020 | $0.06 | normal |
Mar 16, 2020 | Mar 30, 2020 | Mar 3, 2020 | $0.06 | normal |
INSW has a payout ratio of 6.1% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 28.3%, International Seaways's payout ratio is 78% lower.
Yes, International Seaways has been paying dividends for the last three years.
INSW hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2023.
International Seaways's last regular dividend was on Mar 13, 2023 (ex-date) with the amount of $0.12 per share.
INSW's annualized dividend per share is $0.48.
Currently International Seaways's dividend yield is 1.15%.
International Seaways pays dividends quarterly.
International Seaways's dividend payout ratio is 6.1%.
International Seaways's dividend yield is lower than the Industrials sector average.