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) | 7.0% |
| Industry Average (Oil and Gas) | 15.0% |
| 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.