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Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. The company operates Chemical Tankers and Tank Terminals segments. It owns and operates chemical tankers that offers global and regional transportation; and tank terminals, which provides storage of various chemical and petroleum products. As of December 31, 2021, it operated a chemical tanker fleet of 93 vessels, including 50 owned, six bareboat chartered, 13 time chartered vessels, and 24 pool vessels. The company's terminal network comprises of 469 tanks with 1.3 million cubic meters of storage capacity. It operates in Norway, the Netherlands, rest of Europe, North America, South America, the Middle East, Asia, Australasia, and Africa. Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway.

Odfjell Dividend Announcement

Odfjell announced a semi annually dividend of kr10.51 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-08-26
Odfjell annual dividend for 2024 was kr17.18
Odfjell annual dividend for 2023 was kr12.75
Odfjell's trailing twelve-month (TTM) dividend yield is 14.86%
Odfjell's payout ratio for the trailing twelve months (TTM) is 46.70%

Odfjell Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-26kr10.51semi annually2024-09-03
2024-02-13kr6.67semi annually2024-02-21
2023-08-21kr6.58semi annually2023-08-29
2023-02-13kr6.17semi annually2023-02-21
2022-08-19kr2.20semi annually2022-08-29
2022-05-06kr1.00semi annually2022-05-16
2018-05-09kr1.50semi annually2018-05-23
2017-05-12kr1.50semi annually2017-05-19
2011-10-27kr1.00semi annually2011-11-08
2009-05-06kr1.00semi annually2009-05-19
2008-05-06kr2.00semi annually2008-05-16
2007-05-04kr3.00semi annually2007-05-15
2006-10-13kr2.25semi annually2006-10-26
2006-05-26kr3.25semi annually2006-06-07
2005-10-11kr2.50semi annually2005-10-25
2005-05-06kr2.00semi annually2005-05-24
2004-11-30kr6.00semi annually2004-12-14
2004-05-06kr6.00semi annually2004-05-24

Odfjell Dividend per year

Odfjell Dividend growth

Odfjell Dividend Yield

Odfjell current trailing twelve-month (TTM) dividend yield is 14.86%. Interested in purchasing Odfjell stock? Use our calculator to estimate your expected dividend yield:

Odfjell Financial Ratios

P/E ratio2.97
PEG ratio-0.22
P/B ratio0.92
ROE32.50%
Payout ratio46.70%
Current ratio0.81
Quick ratio0.72
Cash Ratio0.36

Odfjell Dividend FAQ

How much is the next Odfjell dividend?
Odfjell's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Odfjell dividend. The next Odfjell dividend will be released in February, or August.
When is Odfjell dividend paid?
Odfjell pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Odfjell pay?
The specific amount of Odfjell dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Odfjell's dividend history.
Does Odfjell stock pay dividends?
Yes, Odfjell does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Odfjell's dividend history.
How much dividend does Odfjell pay?
Odfjell paid kr17.18 in 2024, kr12.75 in 2023, kr3.2 in 2022, kr0.0 in 2021, and kr0.0 in 2020.
How often does Odfjell pay dividends?
Odfjell typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and August.
What is Odfjell's dividend yield?
The current dividend yield for Odfjell is 14.86%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Odfjell's exact dividend yield.
When does Odfjell go ex dividend?
Odfjell's ex-dividend date for the latest dividend was on 2024-08-26. Odfjell typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Odfjell dividend paid?
Odfjell pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will Odfjell increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Odfjell will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Odfjell dividend per share?
Odfjell paid kr17.18 per share in 2024 and kr12.75 per share in 2023. The amount of dividend per share that Odfjell pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Odfjell a dividend aristocrat?
No, 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 Odfjell a dividend king?
No, 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 Odfjell a dividend stock?
Yes, Odfjell is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Odfjell a good dividend stock?
Whether Odfjell is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Odfjell has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Odfjell 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.
Does Odfjell pay dividends monthly?
Odfjell typically pays dividends on a semi annually basis.
Does Odfjell pay dividends quarterly?
Odfjell currently pays dividends on a semi annually basis.
Has Odfjell ever paid a dividend?
Yes, Odfjell has a history of paying dividends to its shareholders. Odfjell is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Odfjell dividend stocks?
To buy Odfjell 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Odfjell 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.
When does Odfjell pay dividends 2024?
Odfjell pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Odfjell increase its dividend in 2024?
Decisions regarding Odfjell dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Odfjell dividend overview you can look into the above table of dividend history.
How Odfjell dividend works?
The Odfjell dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Odfjell's dividend process works:

1. Determination of Dividend: Odfjell'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, Odfjell 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, Odfjell 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 Odfjell 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.
How are Odfjell dividends paid?
Odfjell dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Odfjell 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, Odfjell distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Odfjell 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.
How many times does Odfjell pay dividends?
Odfjell typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Odfjell pay dividends?
The general pattern is that Odfjell pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Odfjell dividend safe?
The safety of Odfjell's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Odfjell'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 Odfjell'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.