Table of Contents

company-logo

Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. The company provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. As of April 14, 2022, it operated a fleet of 53 semi- or fully-refrigerated liquefied gas carriers. The company was founded in 1997 and is based in London, the United Kingdom.

Navigator Holdings Dividend Announcement

• Navigator Holdings announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-03
• Navigator Holdings annual dividend for 2024 was $0.15
• Navigator Holdings annual dividend for 2023 was $0.10
• Navigator Holdings's trailing twelve-month (TTM) dividend yield is 1.49%
• Navigator Holdings's payout ratio for the trailing twelve months (TTM) is 17.68%

Navigator Holdings Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03$0.05quarterly2024-09-24
2024-06-04$0.05quarterly2024-06-25
2024-04-03$0.05quarterly2024-04-25
2023-12-06$0.05quarterly2023-12-21
2023-09-07$0.05quarterly2023-09-22

Navigator Holdings Dividend per year

Navigator Holdings Dividend Yield

Navigator Holdings current trailing twelve-month (TTM) dividend yield is 1.49%. Interested in purchasing Navigator Holdings stock? Use our calculator to estimate your expected dividend yield:

Navigator Holdings Financial Ratios

P/E ratio14.72
PEG ratio0.90
P/B ratio1.04
ROE6.96%
Payout ratio17.68%
Current ratio1.19
Quick ratio1.12
Cash Ratio0.74

Navigator Holdings Dividend FAQ

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