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 |
| Next Ex-Dividend Date | May 31, 2024 |
| Next Payment Date | Jun 14, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from ASC the purchase should be done within the next 19 days.
Here's a simple guide on how to buy ASC stock.
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 | |
|---|---|---|---|---|---|
| 11 | Oct 27, 2015 | Nov 04, 2015 | Nov 16, 2015 | $0.310 | 2.40% |
| 12 | Jul 15, 2015 | Jul 29, 2015 | Aug 14, 2015 | $0.100 | 0.778% |
| 13 | Apr 15, 2015 | Apr 28, 2015 | May 15, 2015 | $0.100 | 0.798% |
| 14 | Jan 15, 2015 | Jan 28, 2015 | Feb 18, 2015 | $0.100 | 0.94% |
| 15 | Oct 15, 2014 | Oct 29, 2014 | Nov 18, 2014 | $0.100 | 0.93% |
| 16 | Jul 15, 2014 | Jul 29, 2014 | Aug 14, 2014 | $0.100 | 0.773% |
| 17 | Apr 15, 2014 | Apr 28, 2014 | May 15, 2014 | $0.100 | 0.771% |
| 18 | Jan 15, 2014 | Jan 29, 2014 | Feb 14, 2014 | $0.100 | 0.716% |
| 19 | Oct 31, 2013 | Nov 06, 2013 | Nov 20, 2013 | $0.0660 | 0.509% |
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 (0.516%). ASC’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.12%), 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 | 848.55M | $0.210 | 6.65% | 43.28% | |
| Graham Corporation | 312.072M | $0.110 | 0% | - | |
| USD Partners LP | 4.203M | $0.124 | 0% | 1,085.19% |
