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Ardmore Shipping (ASC) Dividend Yield, Date & History

Ardmore Shipping logo
$11.22 +0.13 (+1.17%)
(As of 12/17/2024 ET)

Ardmore Shipping Dividend Summary

Dividend Yield
6.42%
Annual Dividend
$0.72
Recent
Dividend Payment
Dec. 13
Annualized 3-Year
Dividend Growth
184.39%
Dividend Payout Ratio
20.17%

Ardmore Shipping (ASC) pays an annual dividend of $0.72 per share, with a dividend yield of 6.42%. The next quarterly payment of $0.18 per share was paid on Friday, December 13, to investors who owned the stock before the ex-dividend date of Friday, November 29. The company currently pays out 20.17% of its earnings and 20.98% of its cash flow as dividends.

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ASC Dividend Payments by Quarter

The chart below displays up to four years of Ardmore Shipping's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ASC Dividend Yield Over Time

The chart below tracks Ardmore Shipping's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Ardmore Shipping vs. The Competition

Compare Ardmore Shipping's annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeArdmore ShippingTransportation CompaniesNYSE Companies
Annual Dividend$0.72$0.01$1.39
Dividend Yield6.42%4.48%3.51%
Annualized 3-Year Dividend Growth184.39%26.12%15.58%

Ardmore Shipping Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings20.17%
Based on This Year's Estimate24.16%
Based on Next Year's Estimate40.45%
Based on Cashflow20.98%

Ardmore Shipping Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/6/2024quarterly$0.18-$0.20
52.63%
8.3%11/29/202411/29/202412/13/2024
7/31/2024Quarterly$0.38+$0.07
22.58%
5.1%8/30/20248/30/20249/13/2024
5/8/2024quarterly$0.31+$0.10
47.62%
4.3%5/31/20245/31/20246/14/2024
2/15/2024Quarterly$0.21+$0.05
31.25%
5.16%2/28/20242/29/20243/15/2024
11/7/2023Quarterly$0.16-$0.03
15.79%
4.9%11/29/202311/30/202312/15/2023
8/1/2023Quarterly$0.19-$0.16
45.71%
5.53%8/30/20238/31/20239/15/2023
5/9/2023Quarterly$0.35-$0.10
22.22%
11.03%5/30/20235/31/20236/15/2023
2/14/2023Quarterly$0.45+$0.40
800.00%
9.51%2/27/20232/28/20233/15/2023

This table shows Ardmore Shipping's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Ardmore Shipping Dividend - Frequently Asked Questions

The current dividend yield for Ardmore Shipping is 6.42%. Learn more on ASC's dividend yield history.

The annual dividend for ASC shares is $0.72. Learn more on ASC's annual dividend history.

Ardmore Shipping pays quarterly dividends to shareholders.

Ardmore Shipping's most recent quarterly dividend payment of $0.18 per share was made to shareholders on Friday, December 13, 2024.

Ardmore Shipping's most recent ex-dividend date was Friday, November 29, 2024.

Over the past three years, the company's dividend has grown by an average of 184.39% per year.

The most recent change in the company's dividend was a decrease of $0.20 on Wednesday, November 6, 2024.

The dividend payout ratio for ASC is:
  • 20.17% based on the trailing year of earnings
  • 24.16% based on this year's estimates
  • 40.45% based on next year's estimates
  • 20.98% based on cash flow

Ardmore Shipping's dividend yield of 6.42% is higher than the average Transportation company that issues a dividend. ASC has a dividend yield higher than 75% of all dividend-paying stocks 5.48, making it a leading dividend payer. Ardmore Shipping's dividend payout ratio of 20.17% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Ardmore Shipping stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:ASC) was last updated on 12/18/2024 by MarketBeat.com Staff
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