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 $0.15 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-29
• Cool annual dividend for 2024 was $1.38
• Cool annual dividend for 2023 was $1.23
• Cool's trailing twelve-month (TTM) dividend yield is 18.87%
• Cool's payout ratio for the trailing twelve months (TTM) is 98.14%
Cool Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.15 | quarterly | 2024-12-09 |
2024-09-09 | $0.41 | quarterly | 2024-09-16 |
2024-05-31 | $0.41 | quarterly | |
2024-03-08 | $0.41 | quarterly | 2024-03-21 |
2023-12-06 | $0.41 | quarterly | 2023-12-20 |
2023-09-08 | $0.41 | quarterly | 2023-09-18 |
2023-05-31 | $0.41 | quarterly | 2023-06-09 |
Cool Dividend per year
Cool Dividend Yield
Cool current trailing twelve-month (TTM) dividend yield is 18.87%. Interested in purchasing Cool stock? Use our calculator to estimate your expected dividend yield:
Cool Financial Ratios
Cool Dividend FAQ
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.
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