Ardmore Shipping Dividend
Dividend criteria checks 5/6
Ardmore Shipping is a dividend paying company with a current yield of 5.35% that is well covered by earnings.
Key information
5.3%
Dividend yield
33%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.73 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
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) | 5.3% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Oil and Gas) | 3.3% |
Analyst forecast in 3 Years (A61) | 4.3% |
Notable Dividend: A61's dividend (5.35%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: A61's dividend (5.35%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), A61's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.2%), A61's dividend payments are well covered by cash flows.