Atlantic Navigation Holdings (Singapore) Limited, an investment holding company, provides marine logistics, ship repair, fabrication, and other marine services. The company's Marine Logistics Services segment offers ship chartering, and technical and chartering project management services principally for the offshore oil and gas, as well as marine construction industries through its fleet of 18 vessels, which comprise 2 lift-boats, 1 mid-sized DP2 PSV, 7 various AHTSs, 4 maintenance utility vessels, 1 AHT, 1 DSV, 1 crew boat, and 1 work utility vessel. This segment also cross-charters vessels from third parties to serve the needs of its customers; offers various services supporting the exploration, construction and development, maintenance, production, and post-production phases of offshore oil and gas; and provides vessel chartering and chandlery services to external customers. Its Ship Repair, Fabrication, and Other Marine Services segment provides afloat and dry-dock repair and maintenance of marine equipment, engines, and heavy machines, as well as related marine services. It serves various oil companies, contractors, survey companies, ship owners, shipyards, and charterers in the United Arab Emirates, Sudan, Singapore, the Kingdom of Saudi Arabia, the Sultanate of Oman, Qatar, and internationally. The company was founded in 1997 and is based in Singapore. Atlantic Navigation Holdings (Singapore) Limited is a subsidiary of HSBC (Singapore) Nominees Pte Ltd.
Atlantic Navigation Dividend Announcement
• Atlantic Navigation announced a annually dividend of S$0.11 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-26
• Atlantic Navigation annual dividend for 2024 was S$0.11
• Atlantic Navigation's trailing twelve-month (TTM) dividend yield is 248.05%
Atlantic Navigation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-26 | S$0.11 | annually | 2024-12-05 |
2015-05-07 | S$0.01 | annually | |
2014-04-30 | S$0.01 | annually |
Atlantic Navigation Dividend per year
Atlantic Navigation Dividend Yield
Atlantic Navigation current trailing twelve-month (TTM) dividend yield is 248.05%. Interested in purchasing Atlantic Navigation stock? Use our calculator to estimate your expected dividend yield:
Atlantic Navigation Financial Ratios
Atlantic Navigation Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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