United Maritime Dividends and Buybacks
Dividend criteria checks 3/6
United Maritime is a dividend paying company with a current yield of 14.15% that is well covered by earnings.
Key information
14.2%
Dividend yield
2.7%
Buyback Yield
| Total Shareholder Yield | 16.9% |
| Future Dividend Yield | 23.6% |
| Dividend Growth | 10.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.300 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity
Mar 13
United announces sale of two Aframax Petroleum Tankers
Oct 13United Maritime stock gains as it initiates additional $3M stock buyback plan
Sep 22United Maritime gains on $3M stock buyback plan
Sep 02United Maritime stock slides on $26M equity offering
Jul 18Seanergy Maritime jumps 7% as gets delivery of Japanese built vessel, secures additional financing
Jul 07Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (USEA) | 14.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Shipping) | 5.4% |
| Analyst forecast (USEA) (up to 3 years) | 23.6% |
Notable Dividend: USEA's dividend (14.15%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: USEA's dividend (14.15%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), USEA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: USEA is paying a dividend but the company has no free cash flows.