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Ardmore Shipping (Ardmore Shipping) Forward Dividend Yield %

: 5.31% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Ardmore Shipping is 5.31%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Ardmore Shipping is 5.74%.

ASC's Forward Dividend Yield % is ranked better than
74.68% of 628 companies
in the Transportation industry
Industry Median: 3.16 vs ASC: 5.31

Ardmore Shipping's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

During the past 3 years, the average Dividends Per Share Growth Rate was 184.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ardmore Shipping was 184.40% per year. The lowest was 82.30% per year. And the median was 133.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Marine Shipping subindustry, Ardmore Shipping's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ardmore Shipping Forward Dividend Yield % Distribution

For the Transportation industry and Industrials sector, Ardmore Shipping's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's Forward Dividend Yield % falls into.



Ardmore Shipping Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Ardmore Shipping Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2102024-02-282024-02-292024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-11-292023-11-302023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1902023-08-302023-08-312023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-05-302023-05-312023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ardmore Shipping's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.84/15.88
=5.29 %

Current Share Price is $15.88.
Ardmore Shipping's Dividends per Share for the forward twelve months is calculated as $0.21 * 4 = $0.84.

Ardmore Shipping's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.91/15.88
=5.73 %

Current Share Price is $15.88.
Ardmore Shipping's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.91.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ardmore Shipping  (NYSE:ASC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ardmore Shipping Forward Dividend Yield % Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08
Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.