Dampskibsselskabet NORDEN A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through two segments: Assets & Logistics, and Freight Services & Trading. The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to dry operators, tanker operators, and third parties. The Freight Services & Trading segment engages in the transportation of bulk commodities, such as grain, coal, iron ore, and sugar; and fuel oil and refined oil products, as well as charters vessels from third parties or from Assets & Logistics at market rates. The company operates 329 dry cargo vessels; and 128 product tanker vessels. Dampskibsselskabet NORDEN A/S was founded in 1871 and is headquartered in Hellerup, Denmark.
Dampskibsselskabet Norden Dividend Announcement
• Dampskibsselskabet Norden announced a quarterly dividend of kr2.00 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-11-01
• Dampskibsselskabet Norden annual dividend for 2024 was kr16.00
• Dampskibsselskabet Norden annual dividend for 2023 was kr65.00
• Dampskibsselskabet Norden's trailing twelve-month (TTM) dividend yield is 7.48%
• Dampskibsselskabet Norden's payout ratio for the trailing twelve months (TTM) is 62.15%
Dampskibsselskabet Norden Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | kr2.00 | quarterly | 2024-11-05 |
2024-08-09 | kr2.00 | quarterly | 2024-08-13 |
2024-04-26 | kr2.00 | quarterly | 2024-04-30 |
2024-03-13 | kr10.00 | quarterly | 2024-03-15 |
2023-11-03 | kr10.00 | quarterly | 2023-11-07 |
2023-08-11 | kr10.00 | quarterly | 2023-08-15 |
2023-05-04 | kr15.00 | quarterly | 2023-05-09 |
2023-03-10 | kr30.00 | quarterly | 2023-03-14 |
2022-11-07 | kr30.00 | quarterly | 2022-11-09 |
2022-08-19 | kr30.00 | quarterly | 2022-08-23 |
2022-03-25 | kr18.00 | quarterly | 2022-03-29 |
2021-03-26 | kr9.00 | quarterly | 2021-03-30 |
2020-06-15 | kr2.50 | quarterly | 2020-06-17 |
2020-03-30 | kr2.50 | quarterly | |
2019-04-12 | kr2.00 | quarterly | 2019-04-16 |
2014-04-24 | kr5.00 | quarterly | |
2013-04-25 | kr3.00 | quarterly | |
2012-04-12 | kr4.00 | quarterly | |
2011-04-12 | kr8.00 | quarterly | |
2010-04-23 | kr7.00 | quarterly | |
2009-04-24 | kr13.00 | quarterly |
Dampskibsselskabet Norden Dividend per year
Dampskibsselskabet Norden Dividend growth
Dampskibsselskabet Norden Dividend Yield
Dampskibsselskabet Norden current trailing twelve-month (TTM) dividend yield is 7.48%. Interested in purchasing Dampskibsselskabet Norden stock? Use our calculator to estimate your expected dividend yield:
Dampskibsselskabet Norden Financial Ratios
Dampskibsselskabet Norden Dividend FAQ
Other factors to consider when evaluating Dampskibsselskabet Norden 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: Dampskibsselskabet Norden'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, Dampskibsselskabet Norden 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, Dampskibsselskabet Norden 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 Dampskibsselskabet Norden 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: Dampskibsselskabet Norden 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, Dampskibsselskabet Norden distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dampskibsselskabet Norden 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 Dampskibsselskabet Norden'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 Dampskibsselskabet Norden'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.