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Okeanis Eco Tankers (Okeanis Eco Tankers) Dividend Yield % : 13.88% (As of Apr. 28, 2024)


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What is Okeanis Eco Tankers Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Okeanis Eco Tankers is 13.88%.

The historical rank and industry rank for Okeanis Eco Tankers's Dividend Yield % or its related term are showing as below:

ECO' s Dividend Yield % Range Over the Past 10 Years
Min: 1.72   Med: 12.87   Max: 22.91
Current: 13.88

During the past 5 years, the highest Dividend Yield of Okeanis Eco Tankers was 22.91%. The lowest was 1.72%. And the median was 12.87%.

ECO's Dividend Yield % is ranked better than
96.96% of 625 companies
in the Transportation industry
Industry Median: 3.02 vs ECO: 13.88

Okeanis Eco Tankers's Dividend Payout Ratio for the three months ended in Sep. 2023 was 2.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Okeanis Eco Tankers Corp is 0.88, which seems too high.

During the past 5 years, the highest Dividend Payout Ratio of Okeanis Eco Tankers was 0.87. The lowest was 0.26. And the median was 0.34.

As of today (2024-04-28), the Forward Dividend Yield % of Okeanis Eco Tankers is 17.86%.

Okeanis Eco Tankers's Dividends per Share for the three months ended in Sep. 2023 was $1.50.

During the past 12 months, Okeanis Eco Tankers's average Dividends Per Share Growth Rate was 742.70% per year.

The growth rate is calculated with least square regression.

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


Okeanis Eco Tankers Dividend Yield % Historical Data

The historical data trend for Okeanis Eco Tankers'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.

Okeanis Eco Tankers Dividend Yield % Chart

Okeanis Eco Tankers Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
- - - 15.56 -

Okeanis Eco Tankers Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Dividend Yield % 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 - - 8.14 15.61 17.94

Competitive Comparison of Okeanis Eco Tankers's Dividend Yield %

For the Marine Shipping subindustry, Okeanis Eco Tankers'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.


Okeanis Eco Tankers's Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Okeanis Eco Tankers's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Okeanis Eco Tankers's Dividend Yield % falls into.



Okeanis Eco Tankers Dividend Yield % Calculation

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

Okeanis Eco Tankers Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6602024-03-082024-03-112024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.6002023-11-142023-11-152023-11-22Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 1.5002023-08-312023-09-012023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.6002023-06-012023-06-022023-06-09Cash DividendquarterlyUSD:USD 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.

Okeanis Eco Tankers's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.36/31.41
=13.88 %

Current Share Price is $31.41.
Okeanis Eco Tankers's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.36.

Okeanis Eco Tankers's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.64/31.41
=8.40 %

Current Share Price is $31.41.
Okeanis Eco Tankers's Dividends per Share for the forward twelve months is calculated as $0.66 * 4 = $2.64.

* 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.


Okeanis Eco Tankers  (NYSE:ECO) 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.


Okeanis Eco Tankers Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Okeanis Eco Tankers's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Okeanis Eco Tankers (Okeanis Eco Tankers) Business Description

Address
Ethnarchou Makariou av, & 2 D. Falireos street, Neo Faliro, Piraeus, GRC, 18547
Okeanis Eco Tankers Corp owns and operates tanker vessels in Greece. The business of the company is to own, charter out, and operate tanker vessels. The company owns, through its vessel-owning subsidiaries, a fleet of around seven tanker vessels and has around eight tanker vessels on order. The sailing fleet consists of around six modern Suezmax tankers, and eight VLCC tankers.

Okeanis Eco Tankers (Okeanis Eco Tankers) Headlines

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