Ardmore Shipping Corporation

NYSE:ASC Stock Report

Market Cap: US$403.0m

Ardmore Shipping Dividends and Buybacks

Dividend criteria checks 5/6

Ardmore Shipping is a dividend paying company with a current yield of 9.69% that is well covered by earnings. Next payment date is on 13th June, 2025 with an ex-dividend date of 30th May, 2025.

Key information

9.7%

Dividend yield

4.5%

Buyback Yield

Total Shareholder Yield14.1%
Future Dividend Yield6.3%
Dividend Growth10.4%
Next dividend pay date13 Jun 25
Ex dividend date30 May 25
Dividend per sharen/a
Payout ratio30%

Recent dividend and buyback updates

Recent updates

Ardmore Shipping Corporation (NYSE:ASC) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 06
Ardmore Shipping Corporation (NYSE:ASC) Looks Inexpensive But Perhaps Not Attractive Enough

Ardmore Shipping: Undervalued And A Prime Takeover Candidate

Mar 27

Ardmore Shipping's (NYSE:ASC) Promising Earnings May Rest On Soft Foundations

Mar 14
Ardmore Shipping's (NYSE:ASC) Promising Earnings May Rest On Soft Foundations

Ardmore Shipping: Strong Fundamentals, Low Valuation Make It Super Attractive

Feb 17

Downgrade: Here's How Analysts See Ardmore Shipping Corporation (NYSE:ASC) Performing In The Near Term

Feb 16
Downgrade: Here's How Analysts See Ardmore Shipping Corporation (NYSE:ASC) Performing In The Near Term

Ardmore Shipping: Trading Significantly Below NAV While Day Rates Continue To Advance

Jan 28

Does Ardmore Shipping (NYSE:ASC) Have A Healthy Balance Sheet?

Jan 13
Does Ardmore Shipping (NYSE:ASC) Have A Healthy Balance Sheet?

Ardmore Shipping: Net Cash Balance Sheet With Meaningful Exposure To Chemical Tanker Market

Dec 23

Ardmore Shipping: Appealing Again At A Massive Discount And Attractive Yield; Rating Upgrade

Nov 19

Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) 28% Price Drop

Nov 07
Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) 28% Price Drop

Ardmore Shipping: Healthy Financials, Yet Not Good Enough (Rating Downgrade)

Oct 25

Ardmore Shipping: Improving Financials, But Nothing Exciting (Rating Upgrade)

Oct 16
author-image

Fleet Modernization And Tech Integration Promise Growth Amid Analyst Concerns Over Revenue Decline

Sep 24 The focus on leadership transition, fleet modernization, and technology integration aims to boost efficiency, shareholder value, and reduce operational costs.

Ardmore Shipping Is A Triple Play Of Wide Operating Margins, Robust Dividends, And A Strong Balance Sheet

Sep 10

Investors Should Be Encouraged By Ardmore Shipping's (NYSE:ASC) Returns On Capital

Aug 23
Investors Should Be Encouraged By Ardmore Shipping's (NYSE:ASC) Returns On Capital

Ardmore Shipping: Strong Buy Driven By Market Outlook And Company Fundamentals

Aug 13

Ardmore Shipping Is A Buy For Its Yield And Adaptability

Jul 23

These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Reasonably Well

Jul 12
These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Reasonably Well

Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate

May 12

Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

May 10
Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?

Apr 11
Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?

Ardmore Shipping: A Relatively Cheap Yield Play

Apr 09

Ardmore Shipping: A Bet On The MR Tanker Market For Income-Minded Investors

Apr 03

Ardmore Shipping: Solid Q4, But Q1 Will Be Even Better

Feb 21

Ardmore Shipping Set To Benefit From Improving Spot Rates

Dec 19

Why I Continue To Include Ardmore Shipping In My Value Portfolio

Nov 17

Ardmore Shipping: Lagging Peers, Time To Catch Up

Oct 26

Ardmore Shipping: Transformation Phase, Sustainability Efforts, And Cheap

Oct 03

Ardmore Shipping: TCE Rates Rebounding And The Stock Is Attractively Priced

Sep 10

Ardmore Shipping: An Improving Market And A Probable Special Dividend

Aug 14

Ardmore Shipping: Forecasting Favorable Winds In The Market

Aug 08

Ardmore Shipping: The 10% Dividend Yield Is Reliable

Jul 03

Upcoming Dividend Payment

TodayMay 13 2025Ex Dividend DateMay 30 2025Dividend Pay DateJun 13 202514 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

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
How does ASC dividend yield compare to the market?
SegmentDividend Yield
Company (ASC)9.7%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Oil and Gas)4.1%
Analyst forecast (ASC) (up to 3 years)6.3%

Notable Dividend: ASC's dividend (9.69%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: ASC's dividend (9.69%) is in the top 25% of dividend payers in the US market (4.8%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.8%), ASC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.8%), ASC's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 01:32
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Ardmore Shipping Corporation is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wilhelm FlinderABN AMRO Bank N.V.
Noah ParquetteCanaccord Genuity
Bjorn RoedDanske Bank