Steamships Trading Co (ASX:SST) Dividend Yield % : 2.06% (As of Apr. 28, 2024)

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What is Steamships Trading Co Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Steamships Trading Co is 2.06%.

Warning Sign:

Steamships Trading Co Ltd stock dividend yield is close to 3-year low.

The historical rank and industry rank for Steamships Trading Co's Dividend Yield % or its related term are showing as below:

ASX:SST' s Dividend Yield % Range Over the Past 10 Years
Min: 1.55 Med: 2.66 Max: 5.48
Current: 2.06

During the past 13 years, the highest Dividend Yield of Steamships Trading Co was 5.48%. The lowest was 1.55%. And the median was 2.66%.

ASX:SST's Dividend Yield % is ranked worse than
66.56% of 625 companies
in the Transportation industry
Industry Median: 3.02 vs ASX:SST: 2.06

Steamships Trading Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.28.

During the past 13 years, the highest Dividend Payout Ratio of Steamships Trading Co was 1.03. The lowest was 0.19. And the median was 0.44.

As of today (2024-04-28), the Forward Dividend Yield % of Steamships Trading Co is 2.06%.

Steamships Trading Co's Dividends per Share for the six months ended in Dec. 2023 was A$0.12.

During the past 12 months, Steamships Trading Co's average Dividends Per Share Growth Rate was -8.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Steamships Trading Co was 125.10% per year. The lowest was -23.10% per year. And the median was 6.85% per year.

The growth rate is calculated with least square regression.

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

Steamships Trading Co Dividend Yield % Historical Data

The historical data trend for Steamships Trading Co's Dividend Yield % 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.

Steamships Trading Co Dividend Yield % Chart

Steamships Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

4.14

2.07

3.55

3.86

3.05

Steamships Trading Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															3.55	2.89	3.86	3.72	3.05

Competitive Comparison of Steamships Trading Co's Dividend Yield %

For the Integrated Freight & Logistics subindustry, Steamships Trading Co's Dividend Yield %, along with its competitors' market caps and 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.

Steamships Trading Co's Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Steamships Trading Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Steamships Trading Co's Dividend Yield % falls into.

Steamships Trading Co Dividend Yield % Calculation

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

Steamships Trading Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
AUD 0.210	2024-04-24	2024-04-26	2024-07-26	Cash Dividend	semi-annually	AUD:AUD 1.000000
AUD 0.129	2023-09-29	2023-10-02	2023-10-31	Cash Dividend	semi-annually	AUD:AUD 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.

Steamships Trading Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.339	/	16.50
	=	2.05 %

Current Share Price is A$16.50.
Steamships Trading Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.339.

Steamships Trading Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.42	/	16.50
	=	2.55 %

Current Share Price is A$16.50.
Steamships Trading Co's Dividends per Share for the forward twelve months is calculated as A$0.21 * 2 = A$0.42.

Steamships Trading Co (ASX:SST) 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.

Steamships Trading Co Dividend Yield % Related Terms

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Steamships Trading Co (ASX:SST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Steamships Trading Co Ltd (ASX:SST) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121

Website

https://www.steamships.com.pg

Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes Property and hospitality, Logistics, and Commercial & investment. It generates maximum revenue from the Logistics segment, which consists of shipping and land-based freight transport and related services divisions. The Property and hospitality segment consists of the hotels owned and operated by the group and also its property leasing division and Commercial and investment - which consists of commercial, head office administration function and insurance activities The group primarily operates in Papua New Guinea.