AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company is involved in the purchase and bareboat chartering of product tankers, shuttle tankers, and other vessels to operators and end users in the Jones Act market. It operates a fleet of nine product tankers and one shuttle tanker. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.
AMSC Dividend Announcement
• AMSC announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-11-05
• AMSC annual dividend for 2024 was $0.11
• AMSC annual dividend for 2023 was $2.78
• AMSC's trailing twelve-month (TTM) dividend yield is 4.33%
• AMSC's payout ratio for the trailing twelve months (TTM) is 56.42%
AMSC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | $0.05 | quarterly | 2024-11-12 |
2024-07-22 | $0.01 | quarterly | 2024-07-30 |
2024-05-22 | $0.01 | quarterly | 2024-05-30 |
2024-03-06 | $0.05 | quarterly | |
2023-11-28 | $0.05 | quarterly | 2023-12-07 |
2023-10-24 | $2.37 | quarterly | 2023-11-01 |
2023-08-29 | $0.12 | quarterly | 2023-09-07 |
2023-05-30 | $0.12 | quarterly | 2023-06-08 |
2023-03-06 | $0.12 | quarterly | 2023-03-15 |
2022-05-25 | $0.12 | quarterly | 2022-06-10 |
2022-03-03 | $0.12 | quarterly | 2022-03-14 |
2021-11-26 | $0.12 | quarterly | 2021-12-06 |
2021-08-26 | $0.10 | quarterly | 2021-09-03 |
2019-05-28 | $0.08 | quarterly | 2019-06-05 |
2019-03-06 | $0.08 | quarterly | 2019-03-15 |
2018-11-21 | $0.08 | quarterly | 2018-11-30 |
2018-08-29 | $0.08 | quarterly | 2018-09-07 |
2018-05-29 | $0.08 | quarterly | 2018-06-07 |
2018-02-20 | $0.08 | quarterly | 2018-03-01 |
2017-11-22 | $0.08 | quarterly | 2017-12-01 |
2017-08-22 | $0.08 | quarterly | 2017-08-31 |
2017-05-30 | $0.08 | quarterly | 2017-06-08 |
2017-02-13 | $0.12 | quarterly | 2017-02-22 |
2016-11-14 | $0.12 | quarterly | |
2016-08-22 | $0.12 | quarterly | |
2016-05-31 | $0.11 | quarterly | |
2016-02-23 | $0.11 | quarterly | |
2015-11-04 | $0.10 | quarterly | |
2015-08-19 | $0.10 | quarterly | |
2014-10-21 | $0.10 | quarterly | |
2014-07-21 | $0.10 | quarterly | |
2014-06-16 | $0.10 | quarterly |
AMSC Dividend per year
AMSC Dividend growth
AMSC Dividend Yield
AMSC current trailing twelve-month (TTM) dividend yield is 4.33%. Interested in purchasing AMSC stock? Use our calculator to estimate your expected dividend yield:
AMSC Financial Ratios
AMSC Dividend FAQ
Other factors to consider when evaluating AMSC as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: AMSC's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AMSC publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AMSC distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AMSC are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: AMSC sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AMSC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AMSC declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of AMSC's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AMSC's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.