International Seaways's latest quarterly dividend was on Jun 12, 2024 (ex-date) with a payout of $1.63 per share. On an annualized basis, the company has a current payout of $4.08 per share. This brings the dividend yield to 7.39% based on its recent close price. The latest dividend marks an increase of $0.43, or 36% from the prior distribution.
INSW has a dividend yield of 7.39% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.41%, International Seaways's dividend yield is 424% higher.
International Seaways has been paying dividends since 2020. INSW has distributed seven quarterly dividends in the past year. The annualized dividend per share marks an increase of 119% since twelve months ago. And with the price of the stock up by 42% from a year ago, the dividend yield marks an increase of 55%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 12, 2024 | Jun 26, 2024 | May 7, 2024 | $1.63 | normal |
| Mar 13, 2024 | Mar 28, 2024 | Feb 28, 2024 | $1.2 | normal |
| Mar 13, 2024 | Mar 28, 2024 | Feb 28, 2024 | $0.12 | normal |
| Dec 12, 2023 | Dec 27, 2023 | Nov 6, 2023 | $1.13 | normal |
| Dec 12, 2023 | Dec 27, 2023 | Nov 6, 2023 | $0.12 | normal |
| Sep 12, 2023 | Sep 27, 2023 | Aug 9, 2023 | $1.3 | normal |
| Sep 12, 2023 | Sep 27, 2023 | Aug 9, 2023 | $0.12 | normal |
| Jun 13, 2023 | Jun 28, 2023 | May 4, 2023 | $1.5 | normal |
| Jun 13, 2023 | Jun 28, 2023 | May 4, 2023 | $0.12 | normal |
| Mar 13, 2023 | Mar 28, 2023 | Feb 27, 2023 | $0.12 | normal |
| Mar 13, 2023 | Mar 28, 2023 | Feb 27, 2023 | $1.88 | special |
| Dec 7, 2022 | Dec 22, 2022 | Nov 7, 2022 | $0.12 | normal |
| Dec 7, 2022 | Dec 22, 2022 | Nov 7, 2022 | $1 | special |
| 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 37.8% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.7%, International Seaways's payout ratio is 16% higher.
Yes, International Seaways has been paying dividends for the last four 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 September 2024.
International Seaways's last regular dividend was on Jun 12, 2024 (ex-date) with the amount of $1.63 per share.
INSW's annualized dividend per share is $4.08.
Currently International Seaways's dividend yield is 7.39%.
International Seaways pays dividends quarterly.
International Seaways's dividend payout ratio is 37.8%.
International Seaways's dividend yield is higher than the Industrials sector average.