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Euroseas (Euroseas) Dividend Payout Ratio : 0.23 (As of Mar. 2024)


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What is Euroseas Dividend Payout Ratio?

Euroseas's dividend payout ratio for the months ended in Mar. 2024 was 0.23.

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

ESEA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.12   Max: 0.14
Current: 0.14


During the past 13 years, the highest Dividend Payout Ratio of Euroseas was 0.14. The lowest was 0.11. And the median was 0.12.

ESEA's Dividend Payout Ratio is ranked better than
87.33% of 529 companies
in the Transportation industry
Industry Median: 0.4 vs ESEA: 0.14

As of today (2024-06-14), the Dividend Yield % of Euroseas is 6.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Euroseas was 19.58%. The lowest was 1.98%. And the median was 7.19%.

Euroseas's Dividends per Share for the months ended in Mar. 2024 was $0.60.

During the past 12 months, Euroseas's average Dividends Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Euroseas was -15.00% per year. The lowest was -41.10% per year. And the median was -37.90% per year.

The growth rate is calculated with least square regression.

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


Euroseas Dividend Payout Ratio Historical Data

The historical data trend for Euroseas'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.

Euroseas Dividend Payout Ratio Chart

Euroseas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.11 0.13

Euroseas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.12 0.12 0.14 0.23

Competitive Comparison of Euroseas's Dividend Payout Ratio

For the Marine Shipping subindustry, Euroseas'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.


Euroseas's Dividend Payout Ratio Distribution in the Transportation Industry

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

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



Euroseas Dividend Payout Ratio Calculation

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

Euroseas'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 )
=2/ 14.98
=0.13

Euroseas's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.6/ 2.66
=0.23

* 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.


Euroseas (NAS:ESEA) 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.


Euroseas Dividend Payout Ratio Related Terms

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


Euroseas (Euroseas) Business Description

Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

Euroseas (Euroseas) Headlines

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