Awilco LNG ASA, together with its subsidiaries, owns and operates liquefied natural gas (LNG) vessels in Norway. It owns two 156,000 cbm LNG TFDE membrane vessels. The company was incorporated in 2011 and is based in Oslo, Norway.
Awilco LNG Dividend Announcement
• Awilco LNG announced a quarterly dividend of kr0.25 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-09-02
• Awilco LNG annual dividend for 2024 was kr2.00
• Awilco LNG annual dividend for 2023 was kr1.60
• Awilco LNG's trailing twelve-month (TTM) dividend yield is 57.46%
• Awilco LNG's payout ratio for the trailing twelve months (TTM) is 94.93%
Awilco LNG Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-02 | kr0.25 | quarterly | 2024-09-12 |
| 2024-06-19 | kr0.75 | quarterly | 2024-07-02 |
| 2024-03-18 | kr1.00 | quarterly | 2024-04-03 |
| 2023-11-27 | kr0.35 | quarterly | 2023-12-07 |
| 2023-08-30 | kr0.25 | quarterly | 2023-09-14 |
| 2023-05-31 | kr0.50 | quarterly | 2023-06-15 |
| 2023-02-23 | kr0.50 | quarterly | 2023-03-09 |
Awilco LNG Dividend per year
Awilco LNG Dividend Yield
Awilco LNG current trailing twelve-month (TTM) dividend yield is 57.46%. Interested in purchasing Awilco LNG stock? Use our calculator to estimate your expected dividend yield:
Awilco LNG Financial Ratios
P/E ratio1.60
PEG ratio-0.34
P/B ratio0.36
ROE21.79%
Payout ratio94.93%
Current ratio1.50
Quick ratio1.37
Cash Ratio1.19
Awilco LNG Dividend FAQ
Does Awilco LNG stock pay dividends?
Awilco LNG does not currently pay dividends to its shareholders.
Has Awilco LNG ever paid a dividend?
No, Awilco LNG has no a history of paying dividends to its shareholders. Awilco LNG is not known for its dividend payments.
Why doesn't Awilco LNG pay dividends?
There are several potential reasons why Awilco LNG would choose not to pay dividends to their shareholders:
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.
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.
Will Awilco LNG ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Awilco LNG has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Awilco LNG a dividend aristocrat?
Awilco LNG is not considered a Dividend Aristocrat. 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 Awilco LNG a dividend king?
Awilco LNG is not classified as a "Dividend King". 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 Awilco LNG a dividend stock?
No, Awilco LNG is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Awilco LNG stocks?
To buy Awilco LNG 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Awilco LNG 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.
Place an order: Use the brokerage's trading platform to place an order to buy Awilco LNG 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.