International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments, Crude Tankers and Product Carriers. As of December 31, 2021, the company owned and operated a fleet of 83 vessels, which include 12 chartered-in vessels, as well as had ownership interests in two floating storage and offloading service vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.
Internationalaways Dividend Announcement
• Internationalaways announced a quarterly dividend of $1.50 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-11
• Internationalaways annual dividend for 2024 was $4.57
• Internationalaways annual dividend for 2023 was $6.29
• Internationalaways's trailing twelve-month (TTM) dividend yield is 16.95%
• Internationalaways's payout ratio for the trailing twelve months (TTM) is 54.34%
Internationalaways Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | $1.50 | quarterly | 2024-09-25 |
2024-06-12 | $1.75 | quarterly | 2024-06-26 |
2024-03-13 | $1.32 | quarterly | 2024-03-28 |
2023-12-12 | $1.25 | quarterly | 2023-12-27 |
2023-09-12 | $1.42 | quarterly | 2023-09-27 |
2023-06-13 | $1.62 | quarterly | 2023-06-28 |
2023-03-13 | $2.00 | quarterly | 2023-03-28 |
2022-12-07 | $1.12 | quarterly | 2022-12-22 |
2022-09-13 | $0.12 | quarterly | 2022-09-28 |
2022-06-16 | $0.12 | quarterly | 2022-06-29 |
2022-03-11 | $0.06 | quarterly | 2022-03-28 |
2021-12-08 | $0.06 | quarterly | 2021-12-23 |
2021-09-08 | $0.06 | quarterly | 2021-09-23 |
2021-07-14 | $1.12 | quarterly | 2021-07-15 |
2021-06-11 | $0.06 | quarterly | 2021-06-28 |
2021-03-10 | $0.06 | quarterly | 2021-03-26 |
2020-12-07 | $0.06 | quarterly | 2020-12-23 |
2020-09-08 | $0.06 | quarterly | 2020-09-23 |
2020-06-05 | $0.06 | quarterly | 2020-06-22 |
2020-03-16 | $0.06 | quarterly | 2020-03-30 |
Internationalaways Dividend per year
Internationalaways Dividend growth
Internationalaways Dividend Yield
Internationalaways current trailing twelve-month (TTM) dividend yield is 16.95%. Interested in purchasing Internationalaways stock? Use our calculator to estimate your expected dividend yield:
Internationalaways Financial Ratios
Internationalaways Dividend FAQ
Other factors to consider when evaluating Internationalaways 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: Internationalaways'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, Internationalaways 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, Internationalaways 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 Internationalaways 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: Internationalaways 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, Internationalaways distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Internationalaways 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 Internationalaways'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 Internationalaways'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.