Ardmore Shipping Dividend
Dividend criteria checks 5/6
Ardmore Shipping is a dividend paying company with a current yield of 4.97% that is well covered by earnings.
Key information
5.0%
Dividend yield
30%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.910 |
| Earnings per share | US$3.51 |
| Dividend yield forecast | 4.3% |
Recent dividend updates
Recent updates
Ardmore Shipping Is A Triple Play Of Wide Operating Margins, Robust Dividends, And A Strong Balance Sheet
Sep 10Investors Should Be Encouraged By Ardmore Shipping's (NYSE:ASC) Returns On Capital
Aug 23
Ardmore Shipping: Strong Buy Driven By Market Outlook And Company Fundamentals
Aug 13Ardmore Shipping Is A Buy For Its Yield And Adaptability
Jul 23These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Reasonably Well
Jul 12Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate
May 12Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
May 10Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?
Apr 11Ardmore Shipping: A Relatively Cheap Yield Play
Apr 09Ardmore Shipping: A Bet On The MR Tanker Market For Income-Minded Investors
Apr 03Ardmore Shipping: Solid Q4, But Q1 Will Be Even Better
Feb 21Ardmore Shipping Set To Benefit From Improving Spot Rates
Dec 19Why I Continue To Include Ardmore Shipping In My Value Portfolio
Nov 17Ardmore Shipping: Lagging Peers, Time To Catch Up
Oct 26Ardmore Shipping: Transformation Phase, Sustainability Efforts, And Cheap
Oct 03Ardmore Shipping: TCE Rates Rebounding And The Stock Is Attractively Priced
Sep 10Ardmore Shipping: An Improving Market And A Probable Special Dividend
Aug 14Ardmore Shipping: Forecasting Favorable Winds In The Market
Aug 08Ardmore Shipping: The 10% Dividend Yield Is Reliable
Jul 03Adding Ardmore Shipping To My Value Portfolio
Jun 02Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) Low P/E
Apr 18Here's Why Ardmore Shipping (NYSE:ASC) Can Manage Its Debt Responsibly
Mar 14Ardmore Shipping (NYSE:ASC) Is Investing Its Capital With Increasing Efficiency
Feb 15Ardmore Shipping Non-GAAP EPS of $1.30 beats by $0.01, revenue of $132.83M beats by $41.64M
Feb 14Ardmore Shipping Is Sailing With The Wind At Its Back
Jan 17Ardmore Shipping Corporation's (NYSE:ASC) Intrinsic Value Is Potentially 48% Above Its Share Price
Dec 14Ardmore Shipping Will Likely Carry Over Its Stock Rally Into 2023
Dec 12Robust Earnings May Not Tell The Whole Story For Ardmore Shipping (NYSE:ASC)
Nov 09Ardmore Shipping: Amazing Business Prospects
Oct 31Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ardmore Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASC) | 5.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast (ASC) (up to 3 years) | 4.3% |
Notable Dividend: ASC's dividend (4.97%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: ASC's dividend (4.97%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), ASC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.6%), ASC's dividend payments are well covered by cash flows.