GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » First Ship Lease Trust (FRA:LJ9) » Definitions » Dividend Yield %

First Ship Lease Trust (FRA:LJ9) Dividend Yield % : 80.19% (As of Sep. 25, 2024)


View and export this data going back to . Start your Free Trial

What is First Ship Lease Trust Dividend Yield %?

As of today (2024-09-25), the Trailing Annual Dividend Yield of First Ship Lease Trust is 80.19%.

Good Sign:

First Ship Lease Trust stock dividend yield is close to 1-year high.

The historical rank and industry rank for First Ship Lease Trust's Dividend Yield % or its related term are showing as below:

FRA:LJ9' s Dividend Yield % Range Over the Past 10 Years
Min: 26.83   Med: 49.38   Max: 81.13
Current: 80.19

During the past 13 years, the highest Dividend Yield of First Ship Lease Trust was 81.13%. The lowest was 26.83%. And the median was 49.38%.

FRA:LJ9's Dividend Yield % is ranked better than
99.67% of 602 companies
in the Business Services industry
Industry Median: 2.915 vs FRA:LJ9: 80.19

First Ship Lease Trust's Dividend Payout Ratio for the six months ended in Jun. 2024 was 14.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Ship Lease Trust is 10.00, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of First Ship Lease Trust was 7.00. The lowest was 4.44. And the median was 4.97.

As of today (2024-09-25), the Forward Dividend Yield % of First Ship Lease Trust is 80.19%.

First Ship Lease Trust's Dividends per Share for the six months ended in Jun. 2024 was €0.01.

During the past 12 months, First Ship Lease Trust's average Dividends Per Share Growth Rate was -9.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Ship Lease Trust was -12.60% per year. The lowest was -70.40% per year. And the median was -24.80% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


First Ship Lease Trust Dividend Yield % Historical Data

The historical data trend for First Ship Lease Trust'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.

First Ship Lease Trust Dividend Yield % Chart

First Ship Lease Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 51.30 66.16 36.06 -

First Ship Lease Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 36.79 36.06 41.35 - 66.06

Competitive Comparison of First Ship Lease Trust's Dividend Yield %

For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.


First Ship Lease Trust's Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Dividend Yield % falls into.



First Ship Lease Trust Dividend Yield % Calculation

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

First Ship Lease Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0150002024-02-152024-02-162024-03-28Cash DividendannuallyUSD:EUR 0.927000

* 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.

First Ship Lease Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.013905/0.0173
=80.38 %

Current Share Price is €0.0173.
First Ship Lease Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.013905.

First Ship Lease Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.013905/0.0173
=80.38 %

Current Share Price is €0.0173.
First Ship Lease Trust's Dividends per Share for the forward twelve months is calculated as €0.013905 * 1 = €0.013905.

* 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.


First Ship Lease Trust  (FRA:LJ9) 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.


First Ship Lease Trust Dividend Yield % Related Terms

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


First Ship Lease Trust Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, No.12-10 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust or FSL is a Singapore-based firm engaged in the shipping business. The Group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. Bareboat Charter's lease income relates to lease income derived from operating leases which accounts for the majority of its revenues through its operations in Europe and Asia. Geographically, it operates in Asia, Europe, and North America, the majority is from North America.

First Ship Lease Trust Headlines

No Headlines