Diana Shipping (Diana Shipping) Dividend Payout Ratio : 5.77 (As of Dec. 2023)

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What is Diana Shipping Dividend Payout Ratio?

Diana Shipping's dividend payout ratio for the months ended in Dec. 2023 was 5.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Diana Shipping Inc is 1.77, which seems too high.

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

DSX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.69 Max: 1.77
Current: 1.77

During the past 13 years, the highest Dividend Payout Ratio of Diana Shipping was 1.77. The lowest was 0.21. And the median was 0.69.

DSX's Dividend Payout Ratio is ranked worse than
95.43% of 525 companies
in the Transportation industry
Industry Median: 0.41 vs DSX: 1.77

As of today (2024-04-29), the Dividend Yield % of Diana Shipping is 17.55%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Diana Shipping was 24.66%. The lowest was 1.91%. And the median was 19.79%.

Diana Shipping's Dividends per Share for the months ended in Dec. 2023 was $0.15.

During the past 12 months, Diana Shipping's average Dividends Per Share Growth Rate was -33.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Diana Shipping was 45.00% per year. The lowest was 45.00% per year. And the median was 45.00% per year.

The growth rate is calculated with least square regression.

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

Diana Shipping Dividend Payout Ratio Historical Data

The historical data trend for Diana 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.

* Premium members only.

Diana Shipping Dividend Payout Ratio Chart

Diana Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.21

0.69

1.77

Diana 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															0.68	0.83	2.06	2.54	5.77

Competitive Comparison of Diana Shipping's Dividend Payout Ratio

For the Marine Shipping subindustry, Diana 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.

Diana Shipping's Dividend Payout Ratio Distribution in the Transportation Industry

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

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

Diana Shipping Dividend Payout Ratio Calculation

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

Diana 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 )
	=	0.6	/	0.339
	=	1.77

Diana 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 )
	=	0.15	/	0.026
	=	5.77

Diana Shipping (NYSE:DSX) 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.

Diana Shipping Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Diana Shipping's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Diana Shipping (Diana Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DSXpB.PFD:USA DSZ:Germany

Address

175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64

Website

https://www.dianashippinginc.com

Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation, the services provided by the vessels are similar and all operate under the same economic environment.