Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and six LNG carriers. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.
Capital Product Partners Dividend Announcement
• Capital Product Partners announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-08-06
• Capital Product Partners annual dividend for 2024 was $0.45
• Capital Product Partners annual dividend for 2023 was $0.60
• Capital Product Partners's trailing twelve-month (TTM) dividend yield is 2.68%
• Capital Product Partners's payout ratio for the trailing twelve months (TTM) is 5.90%
• Capital Product Partners's dividend growth over the last five years (2018-2023) was 13.40% year
• Capital Product Partners's dividend growth over the last ten years (2013-2023) was -4.29% year
Capital Product Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-06 | $0.15 | quarterly | 2024-08-12 |
2024-05-06 | $0.15 | quarterly | 2024-05-14 |
2024-02-05 | $0.15 | quarterly | 2024-02-13 |
2023-11-03 | $0.15 | quarterly | 2023-11-13 |
2023-08-01 | $0.15 | quarterly | 2023-08-08 |
2023-05-05 | $0.15 | quarterly | 2023-05-12 |
2023-02-06 | $0.15 | quarterly | 2023-02-10 |
2022-11-01 | $0.15 | quarterly | 2022-11-10 |
2022-08-05 | $0.15 | quarterly | 2022-08-12 |
2022-05-05 | $0.15 | quarterly | 2022-05-12 |
2022-02-02 | $0.15 | quarterly | 2022-02-10 |
2021-11-04 | $0.10 | quarterly | 2021-11-12 |
2021-08-02 | $0.10 | quarterly | 2021-08-10 |
2021-04-30 | $0.10 | quarterly | 2021-05-10 |
2021-02-01 | $0.10 | quarterly | 2021-02-10 |
2020-10-30 | $0.10 | quarterly | 2020-11-10 |
2020-08-06 | $0.10 | quarterly | 2020-08-14 |
2020-05-07 | $0.35 | quarterly | 2020-05-15 |
2020-01-31 | $0.35 | quarterly | 2020-02-11 |
2019-10-31 | $0.32 | quarterly | 2019-11-08 |
2019-08-01 | $0.32 | quarterly | 2019-08-15 |
2019-05-10 | $0.32 | quarterly | 2019-05-15 |
2019-02-04 | $0.04 | quarterly | 2019-02-14 |
2018-11-02 | $0.08 | quarterly | 2018-11-14 |
2018-08-01 | $0.08 | quarterly | 2018-08-14 |
2018-05-01 | $0.08 | quarterly | 2018-05-14 |
2018-02-01 | $0.08 | quarterly | 2018-02-13 |
2017-11-02 | $0.08 | quarterly | 2017-11-13 |
2017-08-01 | $0.08 | quarterly | 2017-08-11 |
2017-05-03 | $0.08 | quarterly | 2017-05-12 |
2017-02-02 | $0.08 | quarterly | 2017-02-15 |
2016-11-03 | $0.07 | quarterly | 2016-11-14 |
2016-08-03 | $0.07 | quarterly | 2016-08-12 |
2016-05-04 | $0.07 | quarterly | 2016-05-13 |
2016-02-03 | $0.24 | quarterly | 2016-02-12 |
2015-11-04 | $0.24 | quarterly | 2015-11-13 |
2015-08-05 | $0.24 | quarterly | 2015-08-14 |
2015-05-05 | $0.23 | quarterly | 2015-05-13 |
2015-02-04 | $0.23 | quarterly | 2015-02-06 |
2014-11-05 | $0.23 | quarterly | 2014-11-14 |
2014-08-05 | $0.23 | quarterly | 2014-08-15 |
2014-05-05 | $0.23 | quarterly | 2014-05-15 |
2014-02-05 | $0.23 | quarterly | 2014-02-14 |
2013-11-06 | $0.23 | quarterly | 2013-11-15 |
2013-08-05 | $0.23 | quarterly | 2013-08-15 |
2013-05-06 | $0.23 | quarterly | 2013-05-15 |
2013-02-06 | $0.23 | quarterly | 2013-02-15 |
Capital Product Partners Dividend per year
Capital Product Partners Dividend growth
Capital Product Partners Dividend Yield
Capital Product Partners current trailing twelve-month (TTM) dividend yield is 2.68%. Interested in purchasing Capital Product Partners stock? Use our calculator to estimate your expected dividend yield:
Capital Product Partners Financial Ratios
Capital Product Partners Dividend FAQ
Other factors to consider when evaluating Capital Product Partners 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: Capital Product Partners'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, Capital Product Partners 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, Capital Product Partners 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 Capital Product Partners 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: Capital Product Partners 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, Capital Product Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Capital Product Partners 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 Capital Product Partners'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 Capital Product Partners'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.