Ardmore Shipping Stock Dividends
ASC pays dividends quarterly. Last paid amount was $0.210 at Mar 15, 2024. As of today, dividend yield (TTM) is 6.65%.
Dividend Yield Range
AI Analysis of ASC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.65% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -40.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.210 |
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Ardmore Shipping has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.
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ASC Dividend Payout History
To ensure a understanding of ASC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 28, 2024 | Feb 28, 2024 | Mar 15, 2024 | $0.210 | 1.27% |
| 2 | Nov 29, 2023 | Nov 29, 2023 | Dec 15, 2023 | $0.160 | 1.12% |
| 3 | Aug 01, 2023 | Aug 30, 2023 | Sep 15, 2023 | $0.190 | 1.52% |
| 4 | May 09, 2023 | May 30, 2023 | Jun 15, 2023 | $0.350 | 2.74% |
| 5 | Feb 14, 2023 | Feb 27, 2023 | Mar 15, 2023 | $0.450 | 2.92% |
| 6 | Feb 11, 2020 | Feb 20, 2020 | Feb 28, 2020 | $0.0500 | 0.91% |
| 7 | Aug 02, 2016 | Aug 12, 2016 | Aug 31, 2016 | $0.110 | 1.52% |
| 8 | May 04, 2016 | May 12, 2016 | May 31, 2016 | $0.160 | 1.69% |
| 9 | Feb 03, 2016 | Feb 10, 2016 | Feb 29, 2016 | $0.130 | 1.62% |
| 10 | Oct 27, 2015 | Nov 04, 2015 | Nov 16, 2015 | $0.310 | 2.40% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
ASC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ASC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ASC stock here.
Comparing ASC to Sector and Country
ASC pays a solid dividend yield of 6.65%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.521%). ASC’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.39%), which means that there are more attractive dividend stocks to consider.
ASC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Ardmore Shipping | 690.303M | $0.210 | 6.65% | 43.28% | |
| Graham Corporation | 301.46M | $0.110 | 0% | - | |
| USD Partners LP | 4.475M | $0.124 | 0% | 1,085.19% |
