United Maritime Corporation

NasdaqCM:USEA Stock Report

Market Cap: US$16.2m

United Maritime Dividends and Buybacks

Dividend criteria checks 2/6

United Maritime is a dividend paying company with a current yield of 16.39%. Next payment date is on 10th January, 2025 with an ex-dividend date of 27th December, 2024.

Key information

16.4%

Dividend yield

3.2%

Buyback Yield

Total Shareholder Yield19.6%
Future Dividend Yield20.5%
Dividend Growth19.0%
Next dividend pay date10 Jan 25
Ex dividend date27 Dec 24
Dividend per shareUS$0.300
Payout ratio-114%

Recent dividend and buyback updates

Recent updates

United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity

Mar 13
United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity

United announces sale of two Aframax Petroleum Tankers

Oct 13

United Maritime stock gains as it initiates additional $3M stock buyback plan

Sep 22

United Maritime gains on $3M stock buyback plan

Sep 02

United Maritime stock slides on $26M equity offering

Jul 18

Seanergy Maritime jumps 7% as gets delivery of Japanese built vessel, secures additional financing

Jul 07

Upcoming Dividend Payment

TodayDec 21 2024Ex Dividend DateDec 27 2024Dividend Pay DateJan 10 202514 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, USEA has been paying a dividend for less than 10 years.

Growing Dividend: USEA has only been paying a dividend for 2 years, and since then payments have not increased.


Dividend Yield vs Market

United Maritime Dividend Yield vs Market
How does USEA dividend yield compare to the market?
SegmentDividend Yield
Company (USEA)16.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Shipping)12.2%
Analyst forecast (USEA) (up to 3 years)20.5%

Notable Dividend: USEA's dividend (16.39%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: USEA's dividend (16.39%) is in the top 25% of dividend payers in the US market (4.51%)


Earnings Payout to Shareholders

Earnings Coverage: USEA is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: USEA is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 19:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

United Maritime Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tate SullivanMaxim Group