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Marco Polo Marine Ltd., an investment holding company, operates as an integrated marine logistic company primarily in Singapore, Indonesia, Australia, Myanmar, Taiwan, and Malaysia. The company operates through Ship Chartering Services; and Ship Building and Repair Services segments. It engages in chartering of offshore supply vessels, such as anchor handling tug supply vessels, as well as tugboats and barges for mining, commodities, construction, infrastructure, and land reclamation industries. The company is also involved in ship building business, as well as provision of ship maintenance, repair, outfitting, and conversion services. In addition, it engages in contract services and trading activities, management consultancy and marketing activities, and ship chartering services. The company was founded in 1991 and is based in Singapore.

Marco Polo Marine Dividend Announcement

• Marco Polo Marine announced a annually dividend of S$0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-02-16
• Marco Polo Marine annual dividend for 2024 was S$0.00
• Marco Polo Marine's trailing twelve-month (TTM) dividend yield is 1.82%
• Marco Polo Marine's payout ratio for the trailing twelve months (TTM) is 9.75%

Marco Polo Marine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-02-16S$0.00annually
2013-12-10S$0.01annually
2012-12-10S$0.01annually
2011-12-09S$0.01annually

Marco Polo Marine Dividend per year

Marco Polo Marine Dividend growth

Marco Polo Marine Dividend Yield

Marco Polo Marine current trailing twelve-month (TTM) dividend yield is 1.82%. Interested in purchasing Marco Polo Marine stock? Use our calculator to estimate your expected dividend yield:

Marco Polo Marine Financial Ratios

P/E ratio5.43
PEG ratio-0.49
P/B ratio1.20
ROE22.49%
Payout ratio9.75%
Current ratio2.59
Quick ratio2.34
Cash Ratio1.28

Marco Polo Marine Dividend FAQ

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