Braemar Shipping Services Plc provides shipbroking, financial advisory, and logistics services to the shipping, marine, and energy industries. Its Shipbroking segment is involved in the tanker chartering for crude oil, liquefied petrochemical gas, and liquefied natural gas; specialized tankers; purchase and sale of second-hand vessels; chartering of dry cargo and offshore vessels; and provision of research, valuation, consulting, and derivatives brokerage services. The company's Financial segment provides transaction advisory, financing advisory and capital raising, asset and loan management, and restructuring and insolvency advisory services. Its Logistics segment offers port and liner agency, hub agency, freight forwarding, ship to ship transfer, ship track, and customs clearance services. It operates in the United Kingdom, Singapore, the United States, Australia, Germany, and internationally. The company was formerly known as Braemar Seascope Group plc and changed its name to Braemar Shipping Services plc in June 2007. Braemar Shipping Services Plc was founded in 1842 and is headquartered in London, the United Kingdom.
Braemar Shipping Services Dividend Announcement
• Braemar Shipping Services announced a quarterly dividend of £9.00 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-01
• Braemar Shipping Services annual dividend for 2024 was £21.00
• Braemar Shipping Services's trailing twelve-month (TTM) dividend yield is 0.08%
• Braemar Shipping Services's payout ratio for the trailing twelve months (TTM) is 52.77%
Braemar Shipping Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | £9.00 | quarterly | 2024-09-09 |
2024-02-22 | £4.00 | quarterly | |
2024-01-04 | £8.00 | quarterly | 2024-02-09 |
2022-11-24 | £4.00 | quarterly | 2023-01-04 |
2022-09-08 | £7.00 | quarterly | 2022-10-14 |
2021-11-11 | £2.00 | quarterly | 2021-12-16 |
2021-07-22 | £5.00 | quarterly | 2021-09-01 |
2021-06-24 | £5.00 | quarterly | 2021-07-30 |
2019-10-31 | £5.00 | quarterly | 2019-12-13 |
2019-06-20 | £10.00 | quarterly | 2019-07-26 |
2018-11-01 | £5.00 | quarterly | 2018-12-14 |
2018-06-21 | £10.00 | quarterly | 2018-07-27 |
2017-11-02 | £5.00 | quarterly | 2017-12-15 |
2017-06-29 | £5.00 | quarterly | 2017-07-28 |
2016-11-17 | £9.00 | quarterly | 2016-12-16 |
2016-06-30 | £17.00 | quarterly | 2016-07-29 |
2015-11-19 | £9.00 | quarterly | 2015-12-18 |
2015-07-02 | £17.00 | quarterly | 2015-07-31 |
2014-11-13 | £9.00 | quarterly | 2014-12-12 |
2014-07-16 | £17.00 | quarterly | 2014-08-15 |
2013-11-13 | £9.00 | quarterly | 2013-12-13 |
2013-06-26 | £17.00 | quarterly | 2013-07-24 |
2012-11-14 | £9.00 | quarterly | 2012-12-14 |
2012-06-20 | £17.00 | quarterly | 2012-07-25 |
2011-11-23 | £9.00 | quarterly | 2011-12-14 |
2011-06-29 | £17.00 | quarterly | 2011-07-27 |
Braemar Shipping Services Dividend per year
Braemar Shipping Services Dividend growth
Braemar Shipping Services Dividend Yield
Braemar Shipping Services current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Braemar Shipping Services stock? Use our calculator to estimate your expected dividend yield:
Braemar Shipping Services Financial Ratios
Braemar Shipping Services Dividend FAQ
Other factors to consider when evaluating Braemar Shipping Services 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: Braemar Shipping Services'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, Braemar Shipping Services 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, Braemar Shipping Services 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 Braemar Shipping Services 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: Braemar Shipping Services 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, Braemar Shipping Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Braemar Shipping Services 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 Braemar Shipping Services'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 Braemar Shipping Services'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.