Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2021, it owned and operated through a fleet of thirteen very large gas carriers. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.
Avance Gas Dividend Announcement
• Avance Gas announced a quarterly dividend of $1.35 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-10
• Avance Gas annual dividend for 2024 was $4.15
• Avance Gas annual dividend for 2023 was $1.99
• Avance Gas's trailing twelve-month (TTM) dividend yield is 50.66%
• Avance Gas's payout ratio for the trailing twelve months (TTM) is 72.23%
Avance Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | $1.35 | quarterly | 2024-09-18 |
2024-05-23 | $2.15 | quarterly | 2024-05-31 |
2024-02-20 | $0.65 | quarterly | 2024-02-29 |
2023-12-07 | $0.50 | quarterly | 2023-12-15 |
2023-09-07 | $0.50 | quarterly | 2023-09-14 |
2023-06-07 | $0.50 | quarterly | 2023-06-14 |
2023-03-08 | $0.50 | quarterly | 2023-03-16 |
2022-12-07 | $0.20 | quarterly | 2022-12-15 |
2022-09-07 | $0.20 | quarterly | 2022-09-15 |
2022-06-08 | $0.20 | quarterly | 2022-06-23 |
2022-03-08 | $0.05 | quarterly | 2022-03-22 |
2021-12-07 | $0.05 | quarterly | 2021-12-20 |
2021-08-31 | $0.02 | quarterly | 2021-09-16 |
2021-06-08 | $0.14 | quarterly | 2021-06-24 |
2021-03-04 | $0.11 | quarterly | 2021-03-19 |
2020-03-11 | $0.30 | quarterly | 2020-03-26 |
2016-05-02 | $0.30 | quarterly | |
2016-02-11 | $0.65 | quarterly | |
2015-11-09 | $2.11 | quarterly | |
2015-08-31 | $1.19 | quarterly |
Avance Gas Dividend per year
Avance Gas Dividend growth
Avance Gas Dividend Yield
Avance Gas current trailing twelve-month (TTM) dividend yield is 50.66%. Interested in purchasing Avance Gas stock? Use our calculator to estimate your expected dividend yield:
Avance Gas Financial Ratios
Avance Gas Dividend FAQ
Other factors to consider when evaluating Avance Gas 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: Avance Gas'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, Avance Gas 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, Avance Gas 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 Avance Gas 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: Avance Gas 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, Avance Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avance Gas 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 Avance Gas'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 Avance Gas'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.