Ardmore Shipping (Ardmore Shipping) Dividend Payout Ratio : 0.25 (As of Dec. 2023)

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What is Ardmore Shipping Dividend Payout Ratio?

Ardmore Shipping's dividend payout ratio for the months ended in Dec. 2023 was 0.25.

The historical rank and industry rank for Ardmore Shipping's Dividend Payout Ratio or its related term are showing as below:

ASC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 1.22 Max: 3.33
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of Ardmore Shipping was 3.33. The lowest was 0.42. And the median was 1.22.

ASC's Dividend Payout Ratio is ranked worse than
50.76% of 526 companies
in the Transportation industry
Industry Median: 0.41 vs ASC: 0.42

As of today (2024-04-27), the Dividend Yield % of Ardmore Shipping is 5.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ardmore Shipping was 12.91%. The lowest was 0.44%. And the median was 3.45%.

Ardmore Shipping's Dividends per Share for the 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.

Ardmore Shipping Dividend Payout Ratio Historical Data

The historical data trend for Ardmore Shipping's Dividend Payout Ratio can be seen below:

* 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.

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Ardmore Shipping Dividend Payout Ratio Chart

Ardmore Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.42

Ardmore Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.43	0.61	0.39	0.25

Competitive Comparison of Ardmore Shipping's Dividend Payout Ratio

For the Marine Shipping subindustry, Ardmore Shipping's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Ardmore Shipping's Dividend Payout Ratio falls into.

Ardmore Shipping Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Ardmore Shipping's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.15	/	2.71
	=	0.42

Ardmore Shipping's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.16	/	0.63
	=	0.25

Ardmore Shipping (NYSE:ASC) Dividend Payout Ratio Explanation

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.

Ardmore Shipping Dividend Payout Ratio Related Terms

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Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

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.