Ardmore Shipping Dividends and Buybacks
Dividend criteria checks 5/6
Ardmore Shipping is a dividend paying company with a current yield of 7.69% 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 | 5.4% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.910 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Ardmore Shipping: Appealing Again At A Massive Discount And Attractive Yield; Rating Upgrade
Nov 19Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) 28% Price Drop
Nov 07
Ardmore Shipping: Healthy Financials, Yet Not Good Enough (Rating Downgrade)
Oct 25Ardmore Shipping: Improving Financials, But Nothing Exciting (Rating Upgrade)
Oct 16Ardmore Shipping Is A Triple Play Of Wide Operating Margins, Robust Dividends, And A Strong Balance Sheet
Sep 10Investors Should Be Encouraged By Ardmore Shipping's (NYSE:ASC) Returns On Capital
Aug 23Ardmore Shipping: Strong Buy Driven By Market Outlook And Company Fundamentals
Aug 13Ardmore Shipping Is A Buy For Its Yield And Adaptability
Jul 23These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Reasonably Well
Jul 12Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate
May 12Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
May 10Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?
Apr 11Ardmore Shipping: A Relatively Cheap Yield Play
Apr 09Ardmore Shipping: A Bet On The MR Tanker Market For Income-Minded Investors
Apr 03Ardmore Shipping: Solid Q4, But Q1 Will Be Even Better
Feb 21Ardmore Shipping Set To Benefit From Improving Spot Rates
Dec 19Why I Continue To Include Ardmore Shipping In My Value Portfolio
Nov 17Ardmore Shipping: Lagging Peers, Time To Catch Up
Oct 26Ardmore Shipping: Transformation Phase, Sustainability Efforts, And Cheap
Oct 03Ardmore Shipping: TCE Rates Rebounding And The Stock Is Attractively Priced
Sep 10Ardmore Shipping: An Improving Market And A Probable Special Dividend
Aug 14Ardmore Shipping: Forecasting Favorable Winds In The Market
Aug 08Ardmore Shipping: The 10% Dividend Yield Is Reliable
Jul 03Adding Ardmore Shipping To My Value Portfolio
Jun 02Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) Low P/E
Apr 18Here's Why Ardmore Shipping (NYSE:ASC) Can Manage Its Debt Responsibly
Mar 14Ardmore Shipping (NYSE:ASC) Is Investing Its Capital With Increasing Efficiency
Feb 15Ardmore Shipping Non-GAAP EPS of $1.30 beats by $0.01, revenue of $132.83M beats by $41.64M
Feb 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ardmore Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASC) | 7.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (ASC) (up to 3 years) | 5.5% |
Notable Dividend: ASC's dividend (7.69%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: ASC's dividend (7.69%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), ASC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.4%), ASC's dividend payments are well covered by cash flows.