company-logo

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

Ardmore Shipping Dividend Announcement

Ardmore Shipping announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
Ardmore Shipping annual dividend for 2024 was $0.90
Ardmore Shipping annual dividend for 2023 was $1.15
Ardmore Shipping's trailing twelve-month (TTM) dividend yield is 7.62%
Ardmore Shipping's payout ratio for the trailing twelve months (TTM) is 25.89%

Ardmore Shipping Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30$0.38quarterly2024-09-13
2024-05-31$0.31quarterly2024-06-14
2024-02-28$0.21quarterly2024-03-15
2023-11-29$0.16quarterly2023-12-15
2023-08-30$0.19quarterly2023-09-15
2023-05-30$0.35quarterly2023-06-15
2023-02-27$0.45quarterly2023-03-15
2020-02-20$0.05quarterly2020-02-28
2016-08-12$0.11quarterly2016-08-31
2016-05-12$0.16quarterly2016-05-31
2016-02-10$0.13quarterly2016-02-29
2015-11-04$0.31quarterly2015-11-16
2015-07-29$0.10quarterly2015-08-14
2015-04-28$0.10quarterly2015-05-15
2015-01-28$0.10quarterly2015-02-18
2014-10-29$0.10quarterly2014-11-18
2014-07-29$0.10quarterly2014-08-14
2014-04-28$0.10quarterly2014-05-15
2014-01-29$0.10quarterly2014-02-14
2013-11-06$0.07quarterly2013-11-20

Ardmore Shipping Dividend per year

Ardmore Shipping Dividend growth

Ardmore Shipping Dividend Yield

Ardmore Shipping current trailing twelve-month (TTM) dividend yield is 7.62%. Interested in purchasing Ardmore Shipping stock? Use our calculator to estimate your expected dividend yield:

Ardmore Shipping Financial Ratios

P/E ratio3.87
PEG ratio-0.05
P/B ratio0.89
ROE25.15%
Payout ratio25.89%
Current ratio3.50
Quick ratio3.18
Cash Ratio1.17

Ardmore Shipping Dividend FAQ

How much is the next Ardmore Shipping dividend?
Ardmore Shipping's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ardmore Shipping dividend. The next Ardmore Shipping dividend will be released in February, May, August, or November.
When is Ardmore Shipping dividend paid?
Ardmore Shipping pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Ardmore Shipping pay?
The specific amount of Ardmore Shipping dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ardmore Shipping's dividend history.
Does Ardmore Shipping stock pay dividends?
Yes, Ardmore Shipping does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ardmore Shipping's dividend history.
How much dividend does Ardmore Shipping pay?
Ardmore Shipping paid $0.9 in 2024, $1.15 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.05 in 2020.
How often does Ardmore Shipping pay dividends?
Ardmore Shipping typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Ardmore Shipping's dividend yield?
The current dividend yield for Ardmore Shipping is 7.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Ardmore Shipping's exact dividend yield.
When does Ardmore Shipping go ex dividend?
Ardmore Shipping's ex-dividend date for the latest dividend was on 2024-08-30. Ardmore Shipping typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Ardmore Shipping dividend paid?
Ardmore Shipping pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Ardmore Shipping increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Ardmore Shipping will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Ardmore Shipping dividend per share?
Ardmore Shipping paid $0.9 per share in 2024 and $1.15 per share in 2023. The amount of dividend per share that Ardmore Shipping pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Ardmore Shipping a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ardmore Shipping a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ardmore Shipping a dividend stock?
Yes, Ardmore Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ardmore Shipping a good dividend stock?
Whether Ardmore Shipping is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ardmore Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ardmore Shipping 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.
Does Ardmore Shipping pay dividends monthly?
Ardmore Shipping typically pays dividends on a quarterly basis.
Does Ardmore Shipping pay dividends quarterly?
Ardmore Shipping currently pays dividends on a quarterly basis.
Has Ardmore Shipping ever paid a dividend?
Yes, Ardmore Shipping has a history of paying dividends to its shareholders. Ardmore Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ardmore Shipping dividend stocks?
To buy Ardmore Shipping you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Ardmore Shipping stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Ardmore Shipping pay dividends 2024?
Ardmore Shipping pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Ardmore Shipping increase its dividend in 2024?
Decisions regarding Ardmore Shipping dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Ardmore Shipping dividend overview you can look into the above table of dividend history.
How Ardmore Shipping dividend works?
The Ardmore Shipping dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Ardmore Shipping's dividend process works:

1. Determination of Dividend: Ardmore Shipping'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, Ardmore Shipping 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, Ardmore Shipping 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 Ardmore Shipping 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.
How are Ardmore Shipping dividends paid?
Ardmore Shipping dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ardmore Shipping 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, Ardmore Shipping distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Ardmore Shipping 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.
How many times does Ardmore Shipping pay dividends?
Ardmore Shipping typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Ardmore Shipping pay dividends?
The general pattern is that Ardmore Shipping pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ardmore Shipping dividend safe?
The safety of Ardmore Shipping's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Ardmore Shipping'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 Ardmore Shipping'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.