Precious Shipping Dividends and Buybacks
Dividend criteria checks 2/6
Precious Shipping is a dividend paying company with a current yield of 5.48% that is well covered by earnings. Next payment date is on 12th June, 2026 with an ex-dividend date of 26th May, 2026.
Key information
5.5%
Dividend yield
3.5%
Buyback Yield
| Total Shareholder Yield | 9.0% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 12 Jun 26 |
| Ex dividend date | 26 May 26 |
| Dividend per share | n/a |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
PSL: Tanker Diversification And Stable Assumptions Will Shape A Balanced Outlook
Analysts have adjusted their price target for Precious Shipping to THB7.23, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. These changes keep the fair value estimate broadly unchanged.PSL: Tanker Fleet Expansion And Stable Assumptions Will Support A Balanced Outlook
Analysts have slightly adjusted their THB price targets for Precious Shipping, reflecting modest tweaks to inputs such as the discount rate, long term revenue growth, profit margin assumptions and future P/E expectations, while keeping fair value broadly unchanged. What's in the News Precious Shipping disclosed the planned acquisition of a secondhand Medium Range tanker, M/T FLORENCE, with 47,999 deadweight tonnes, built in Japan in 2006 and flagged in Panama, for US$11.10 million, about THB 344.62 million, funded through internal cash and/or existing credit facilities (SET filing).PSL: Fleet Diversification Into Tankers Will Shape A Balanced Outlook
Analysts have raised their price target on Precious Shipping from THB 6.50 to THB 7.23, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E to reflect their latest view of the company. What's in the News Precious Shipping disclosed the planned acquisition of a secondhand Medium Range tanker, M/T FLORENCE, with 47,999 deadweight tonnes, built in Japan in 2006 and flagged in Panama, for a purchase price of US$11.10 million, or about THB 344.62 million (Key Developments).China's Steel Demand Will Boost Dry Bulk Shipping, But Oversupply Risks May Impact Earnings
The upward revision in Precious Shipping's analyst price target reflects increased optimism driven by stronger consensus revenue growth and improving net profit margins, raising the fair value estimate from THB5.75 to THB6.50. What's in the News Completed repurchase of 74,587,400 shares (4.78% of shares) for THB 450.91 million under the announced buyback program.
China's Steel Demand Will Boost Dry Bulk Shipping, But Oversupply Risks May Impact Earnings
Strategic fleet upgrades and long-term charters enhance efficiency, reduce costs, and ensure steady revenue growth for Precious Shipping.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PSL has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Precious Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSL) | 5.5% |
| Market Bottom 25% (TH) | 3.2% |
| Market Top 25% (TH) | 7.5% |
| Industry Average (Shipping) | 5.4% |
| Analyst forecast (PSL) (up to 3 years) | 5.5% |
Notable Dividend: PSL's dividend (5.48%) is higher than the bottom 25% of dividend payers in the TH market (3.25%).
High Dividend: PSL's dividend (5.48%) is low compared to the top 25% of dividend payers in the TH market (7.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), PSL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PSL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 19:20 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
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 Github.
Analyst Sources
Precious Shipping Public Company Limited is covered by 16 analysts. 2 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 |
|---|---|
| Kaseedit Choonnawat | BofA Global Research |
| Suppata Srisuk | Bualuang Securities PCL |
| Kok Hoe Yap | CGS International |