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American Shipping Company ASA Stock Dividends Overview

ASCJF pays dividends quarterly. Last paid amount was $0.0512 at May 30, 2024. As of today, dividend yield (TTM) is 127.26%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 127.26%
Frequency Quarterly
1Y Growth -57.29%
Payout Ratio 0
Amount Per Share $0.0512
American Shipping Company ASA has not yet announced its next dividend date. Last payment date was: May 30, 2024.

ASCJF Dividend Payout History

To ensure a understanding of ASCJF'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 22, 2024 May 22, 2024 May 30, 2024 $0.0512 1.65%
2 Mar 06, 2024 Mar 06, 2024 Mar 15, 2024 $0.0511 2.09%
3 Nov 28, 2023 Nov 28, 2023 Dec 07, 2023 $0.0505 1.91%
4 Oct 24, 2023 Oct 24, 2023 Oct 24, 2023 $2.37 118.50%
5 Aug 29, 2023 Aug 29, 2023 Aug 29, 2023 $0.120 3.11%
6 May 30, 2023 May 30, 2023 May 30, 2023 $0.120 3.24%
7 Mar 06, 2023 Mar 06, 2023 Mar 06, 2023 $0.120 2.73%
8 May 25, 2022 May 25, 2022 May 25, 2022 $0.120 3.08%
9 Mar 03, 2022 Mar 03, 2022 Mar 03, 2022 $0.120 3.28%
10 Nov 26, 2021 Nov 26, 2021 Nov 26, 2021 $0.120 3.25%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

average (95.38%)

Growth potential

Decrease likely (29.83%)

ASCJF Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from ASCJF 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 ASCJF stock here.

Comparing ASCJF to Sector and Country

ASCJF pays a solid dividend yield of 127.26%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.611%). ASCJF’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.92%).

FAQ

What factors can affect the amount of ASCJF's dividend payments?
The amount of ASCJF's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in ASCJF sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from ASCJF stock be automatically reinvested?
If ASCJF offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy ASCJF stock.

How often does ASCJF pay dividend?
American Shipping Company ASA (ASCJF) pays dividends quarterly. The most recent payout was on May 30, 2024.

How much does ASCJF pays per share?
The last recorder (May 22, 2024) dividend per share was $0.0512.

What is ASCJF dividend growth rate?
Over the last year, American Shipping Company ASA has witnessed growth rate of -57.29% . Looking back over the past 3 years, this growth rate has been -19.98%. Furthermore, examining the past 5 years, American Shipping Company ASA has maintained an average Dividends Per Share Growth Rate of -12.51%.
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About American Shipping Company ASA

American Shipping Company ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company is involved in the purchase and bareboat chartering of product tankers, shuttle tankers, and other vessels to operators and end users in the Jones Act market. It operates a fleet of nine product tankers and one shuttle tanker. The company was formerly known as Aker American Shipping ASA and changed its nam... ASCJF Profile

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