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Cool Company Ltd. engages in the ownership, operation, and management of liquefied natural gas carriers (LNGCs) that provides supply chain support solutions for energy industry. The company owns and operates a fleet of LNGCs, including tri-fuel diesel electric vessels; and floating storage and regasification units for third parties. Cool Company Ltd. was incorporated in 2018 and is headquartered in Hamilton, Bermuda.

Cool Dividend Announcement

Cool announced a quarterly dividend of $0.41 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-09-09
Cool annual dividend for 2024 was $1.23
Cool annual dividend for 2023 was $1.23
Cool's trailing twelve-month (TTM) dividend yield is 15.75%
Cool's payout ratio for the trailing twelve months (TTM) is 73.13%

Cool Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09$0.41quarterly2024-09-16
2024-05-31$0.41quarterly
2024-03-08$0.41quarterly2024-03-21
2023-12-06$0.41quarterly2023-12-20
2023-09-08$0.41quarterly2023-09-18
2023-05-31$0.41quarterly2023-06-09

Cool Dividend per year

Cool Dividend Yield

Cool current trailing twelve-month (TTM) dividend yield is 15.75%. Interested in purchasing Cool stock? Use our calculator to estimate your expected dividend yield:

Cool Financial Ratios

P/E ratio4.52
PEG ratio0.28
P/B ratio0.74
ROE16.61%
Payout ratio73.13%
Current ratio0.34
Quick ratio0.34
Cash Ratio0.30

Cool Dividend FAQ

Does Cool stock pay dividends?
Cool does not currently pay dividends to its shareholders.
Has Cool ever paid a dividend?
No, Cool has no a history of paying dividends to its shareholders. Cool is not known for its dividend payments.
Why doesn't Cool pay dividends?
There are several potential reasons why Cool 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.
Will Cool 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 Cool 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 Cool a dividend aristocrat?
Cool 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 Cool a dividend king?
Cool 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 Cool a dividend stock?
No, Cool 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 Cool stocks?
To buy Cool 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 Cool 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.