Table of Contents

company-logo

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2022, it operated a fleet of ten drybulk carriers comprising five Panamax drybulk carriers, two Ultramax drybulk carrier, two Kamsarmax carriers, and one Supramax drybulk carrier with a cargo capacity of 726,555 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

EuroDry Dividend Announcement

• EuroDry does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on EuroDry dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

EuroDry Dividend History

EuroDry Dividend Yield

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

EuroDry Financial Ratios

P/E ratio-6.04
PEG ratio-0.02
P/B ratio0.35
ROE-5.64%
Payout ratio0.00%
Current ratio0.84
Quick ratio0.74
Cash Ratio0.13

EuroDry Dividend FAQ

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