Himalaya Shipping Ltd. focuses on the provision of dry bulk shipping services. The company was incorporated in 2021 and is based in Hamilton, Bermuda.
Himalaya Shipping Dividend Announcement
• Himalaya Shipping announced a monthly dividend of $0.01 per ordinary share which will be made payable on 2025-01-03. Ex dividend date: 2024-12-13
• Himalaya Shipping annual dividend for 2024 was $0.48
• Himalaya Shipping's trailing twelve-month (TTM) dividend yield is 8.55%
• Himalaya Shipping's payout ratio for the trailing twelve months (TTM) is 58.77%
Himalaya Shipping Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-13 | $0.01 | monthly | 2025-01-03 |
| 2024-11-15 | $0.04 | monthly | 2024-11-29 |
| 2024-10-17 | $0.10 | monthly | 2024-10-31 |
| 2024-09-16 | $0.07 | monthly | 2024-09-30 |
| 2024-08-16 | $0.06 | monthly | 2024-09-04 |
| 2024-07-18 | $0.05 | monthly | 2024-08-05 |
| 2024-06-14 | $0.04 | monthly | 2024-07-05 |
| 2024-05-22 | $0.04 | monthly | 2024-06-06 |
| 2024-04-18 | $0.03 | monthly | 2024-05-08 |
| 2024-03-18 | $0.03 | monthly | 2024-04-05 |
| 2024-02-21 | $0.01 | monthly | 2024-03-08 |
Himalaya Shipping Dividend per year
Himalaya Shipping Dividend Yield
Himalaya Shipping current trailing twelve-month (TTM) dividend yield is 8.55%. Interested in purchasing Himalaya Shipping stock? Use our calculator to estimate your expected dividend yield:
Himalaya Shipping Financial Ratios
P/E ratio9.78
PEG ratio0.10
P/B ratio1.50
ROE15.74%
Payout ratio58.77%
Current ratio0.87
Quick ratio0.82
Cash Ratio0.63
Himalaya Shipping Dividend FAQ
Does Himalaya Shipping stock pay dividends?
Himalaya Shipping does not currently pay dividends to its shareholders.
Has Himalaya Shipping ever paid a dividend?
No, Himalaya Shipping has no a history of paying dividends to its shareholders. Himalaya Shipping is not known for its dividend payments.
Why doesn't Himalaya Shipping pay dividends?
There are several potential reasons why Himalaya Shipping 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.
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 Himalaya Shipping 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 Himalaya Shipping 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 Himalaya Shipping a dividend aristocrat?
Himalaya Shipping 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 Himalaya Shipping a dividend king?
Himalaya Shipping 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 Himalaya Shipping a dividend stock?
No, Himalaya Shipping 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 Himalaya Shipping stocks?
To buy Himalaya Shipping 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 Himalaya Shipping 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.
Place an order: Use the brokerage's trading platform to place an order to buy Himalaya Shipping 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.