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Jordan National Shipping Lines (AMM:SHIP) Forward Dividend Yield % : 8.04% (As of Jun. 19, 2024)


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What is Jordan National Shipping Lines Forward Dividend Yield %?

As of today (2024-06-19), the Forward Annual Dividend Yield of Jordan National Shipping Lines is 8.04%.

As of today (2024-06-19), the Trailing Annual Dividend Yield of Jordan National Shipping Lines is 8.04%.

AMM:SHIP's Forward Dividend Yield % is ranked better than
89.46% of 626 companies
in the Transportation industry
Industry Median: 3.125 vs AMM:SHIP: 8.04

Jordan National Shipping Lines's Dividends per Share for the three months ended in Mar. 2024 was JOD0.00.

During the past 12 months, Jordan National Shipping Lines's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jordan National Shipping Lines was 23.30% per year. The lowest was 1.00% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Jordan National Shipping Lines's Forward Dividend Yield %

For the Marine Shipping subindustry, Jordan National Shipping Lines'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.


Jordan National Shipping Lines's Forward Dividend Yield % Distribution in the Transportation Industry

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

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



Jordan National Shipping Lines Forward Dividend Yield % Calculation

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

Jordan National Shipping Lines Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JOD 0.1800002024-04-292024-04-282024-05-15Cash DividendannuallyJOD:JOD 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.

Jordan National Shipping Lines's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.18/2.24
=8.04 %

Current Share Price is JOD2.24.
Jordan National Shipping Lines's Dividends per Share for the forward twelve months is calculated as JOD0.18 * 1 = JOD0.18.

Jordan National Shipping Lines's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.18/2.24
=8.04 %

Current Share Price is JOD2.24.
Jordan National Shipping Lines's Dividends per Share for the trailing twelve months (TTM) ended in Today is JOD0.18.

* 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.


Jordan National Shipping Lines  (AMM:SHIP) 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.


Jordan National Shipping Lines Forward Dividend Yield % Related Terms

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Jordan National Shipping Lines (AMM:SHIP) Business Description

Traded in Other Exchanges
N/A
Address
Wadi Saqra Street, Building No. 51, P.O. Box: 5406, Amman, JOR, 11183
Jordan National Shipping Lines is a shipping company based in Jordan. The company's services include shipping, ship operations, chartering, ship agency, marine services, port operations, manning and technical ship management, energy transport, freight forwarding, maritime education, hospitality, and transportation. The company earns revenue from the Marine services sector and Hotel services sector, out of which the majority comes from the marine sector.

Jordan National Shipping Lines (AMM:SHIP) Headlines

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