Ardmore Shipping Dividends and Buybacks
Dividend criteria checks 5/6
Ardmore Shipping is a dividend paying company with a current yield of 7.68% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
7.7%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 7.7% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 5.3% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | €0.910 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: A61's dividend payments have been volatile in the past 10 years.
Growing Dividend: A61's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ardmore Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A61) | 7.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (A61) (up to 3 years) | 5.5% |
Notable Dividend: A61's dividend (7.68%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: A61's dividend (7.68%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), A61's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.4%), A61's dividend payments are well covered by cash flows.