International Seaways Dividends and Buybacks
Dividend criteria checks 4/6
International Seaways is a dividend paying company with a current yield of 8.91% that is well covered by earnings. Next payment date is on 26th June, 2024 with an ex-dividend date of 12th June, 2024.
Key information
8.9%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | 9.5% |
| Dividend Growth | 57.5% |
| Next dividend pay date | 26 Jun 24 |
| Ex dividend date | 12 Jun 24 |
| Dividend per share | Mex$5.740 |
| Payout ratio | 4% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INSW N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: INSW N's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| International Seaways Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INSW N) | 8.9% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 6.8% |
| Industry Average (Oil and Gas) | 16.0% |
| Analyst forecast (INSW N) (up to 3 years) | 9.5% |
Notable Dividend: INSW N's dividend (8.91%) is higher than the bottom 25% of dividend payers in the MX market (2.2%).
High Dividend: INSW N's dividend (8.91%) is in the top 25% of dividend payers in the MX market (6.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.4%), INSW N's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.2%), INSW N's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/02 22:40 |
| End of Day Share Price | 2024/03/05 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
International Seaways, Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Clinton Webb | Axia Capital Markets, LLC |
| Liam Burke | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |