As of today (2024-04-19), the Trailing Annual Dividend Yield of Eagle Bulk Shipping is 2.20%.
Warning Sign:
Eagle Bulk Shipping Inc stock dividend yield is close to 3-year low.
The historical rank and industry rank for Eagle Bulk Shipping's Dividend Yield % or its related term are showing as below:
EGLE'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.14 Med: 10.55 Max: 19.11
Current: 2.2
During the past 13 years, the highest Dividend Yield of Eagle Bulk Shipping was 19.11%. The lowest was 2.14%. And the median was 10.55%.
EGLE's Dividend Yield % is ranked worse than 63.2% of 625
companies
in the Transportation industry
Industry Median: 2.99
vs EGLE: 2.20
Eagle Bulk Shipping's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.16.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Eagle Bulk Shipping Inc is 0.92, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Eagle Bulk Shipping was 1.69. The lowest was 0.15. And the median was 0.55.
Eagle Bulk Shipping's Dividends per Share for the
three
months ended in Dec. 2023 was $0.10.
During the past 12 months, Eagle Bulk Shipping's average Dividends Per Share Growth Rate was -82.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eagle Bulk Shipping was 54.70% per year. The lowest was 54.70% per year. And the median was 54.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Eagle Bulk Shipping Dividend Yield % Historical Data
The historical data trend for Eagle Bulk Shipping'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.
Eagle Bulk Shipping Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dividend Yield %
-
-
4.40
15.92
2.49
Eagle Bulk Shipping Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Dividend Yield %
15.92
14.51
9.78
7.33
2.49
Competitive Comparison
For the Marine Shipping subindustry, Eagle Bulk Shipping'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.
Eagle Bulk Shipping Dividend Yield % Distribution
For the Transportation industry and Industrials sector, Eagle Bulk Shipping's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Eagle Bulk Shipping's Dividend Yield % falls into.
Eagle Bulk Shipping Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Eagle Bulk Shipping Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.600
2024-03-12
2024-03-13
2024-03-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.100
2023-11-13
2023-11-14
2023-11-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.580
2023-08-15
2023-08-16
2023-08-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.100
2023-05-16
2023-05-17
2023-05-25
Cash Dividend
quarterly
USD: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.
Eagle Bulk Shipping's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.38
/
62.60
=
2.20 %
Current Share Price is $62.60.
Eagle Bulk Shipping's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.38.
Eagle Bulk Shipping's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.4
/
62.60
=
3.83 %
Current Share Price is $62.60.
Eagle Bulk Shipping's Dividends per Share for the forward twelve months is calculated as $0.6 * 4 = $2.4.
* 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.
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.
Eagle Bulk Shipping Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Eagle Bulk Shipping's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eagle Bulk Shipping (Eagle Bulk Shipping) Business Description
Eagle Bulk Shipping Inc is a U.S.-based, fully integrated shipowner-operator, providing global transportation solutions to miners, producers, traders and end users. The company is engaged in the ocean transportation of drybulk cargoes worldwide through the ownership, charter and operation of drybulk vessels. The company focuses on the versatile midsize drybulk vessel segment. The Company's fleet is comprised of Supramax and Ultramax drybulk carriers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EGLE has been successfully added to your 