Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece.
Okeanis Eco Tankers Dividend Announcement
• Okeanis Eco Tankers announced a quarterly dividend of $0.45 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-18 • Okeanis Eco Tankers annual dividend for 2024 was $3.31 • Okeanis Eco Tankers annual dividend for 2023 was $4.95 • Okeanis Eco Tankers's trailing twelve-month (TTM) dividend yield is 15.75% • Okeanis Eco Tankers's payout ratio for the trailing twelve months (TTM) is 64.98%
Okeanis Eco Tankers current trailing twelve-month (TTM) dividend yield is 15.75%. Interested in purchasing Okeanis Eco Tankers stock? Use our calculator to estimate your expected dividend yield:
Okeanis Eco Tankers Financial Ratios
P/E ratio5.79
PEG ratio-0.00
P/B ratio1.64
ROE27.83%
Payout ratio64.98%
Current ratio1.69
Quick ratio1.34
Cash Ratio0.67
Okeanis Eco Tankers Dividend FAQ
How much is the next Okeanis Eco Tankers dividend?
Okeanis Eco Tankers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Okeanis Eco Tankers dividend. The next Okeanis Eco Tankers dividend will be released in March, June, August, or November.
When is Okeanis Eco Tankers dividend paid?
Okeanis Eco Tankers pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. 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 Okeanis Eco Tankers pay?
The specific amount of Okeanis Eco Tankers 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 Okeanis Eco Tankers's dividend history.
Does Okeanis Eco Tankers stock pay dividends?
Yes, Okeanis Eco Tankers 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 Okeanis Eco Tankers's dividend history.
How much dividend does Okeanis Eco Tankers pay?
Okeanis Eco Tankers paid $3.31 in 2024, $4.95 in 2023, $0.6 in 2022, $1.16 in 2021, and $1.35 in 2020.
How often does Okeanis Eco Tankers pay dividends?
Okeanis Eco Tankers typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is Okeanis Eco Tankers's dividend yield?
The current dividend yield for Okeanis Eco Tankers is 15.75%. 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 Okeanis Eco Tankers's exact dividend yield.
When does Okeanis Eco Tankers go ex dividend?
Okeanis Eco Tankers's ex-dividend date for the latest dividend was on 2024-11-18. Okeanis Eco Tankers 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 Okeanis Eco Tankers dividend paid?
Okeanis Eco Tankers pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Okeanis Eco Tankers 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 Okeanis Eco Tankers 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 Okeanis Eco Tankers dividend per share?
Okeanis Eco Tankers paid $3.31 per share in 2024 and $4.95 per share in 2023. The amount of dividend per share that Okeanis Eco Tankers 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 Okeanis Eco Tankers 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 Okeanis Eco Tankers 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 Okeanis Eco Tankers a dividend stock?
Yes, Okeanis Eco Tankers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Okeanis Eco Tankers a good dividend stock?
Whether Okeanis Eco Tankers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Okeanis Eco Tankers has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Okeanis Eco Tankers 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 Okeanis Eco Tankers pay dividends monthly?
Okeanis Eco Tankers typically pays dividends on a quarterly basis.
Does Okeanis Eco Tankers pay dividends quarterly?
Okeanis Eco Tankers currently pays dividends on a quarterly basis.
Has Okeanis Eco Tankers ever paid a dividend?
Yes, Okeanis Eco Tankers has a history of paying dividends to its shareholders. Okeanis Eco Tankers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Okeanis Eco Tankers dividend stocks?
To buy Okeanis Eco Tankers 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 Okeanis Eco Tankers 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 Okeanis Eco Tankers pay dividends 2024?
Okeanis Eco Tankers pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-04. 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 Okeanis Eco Tankers increase its dividend in 2024?
Decisions regarding Okeanis Eco Tankers 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 Okeanis Eco Tankers dividend overview you can look into the above table of dividend history.
How Okeanis Eco Tankers dividend works?
The Okeanis Eco Tankers 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 Okeanis Eco Tankers's dividend process works:
1. Determination of Dividend: Okeanis Eco Tankers'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, Okeanis Eco Tankers 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, Okeanis Eco Tankers 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 Okeanis Eco Tankers 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 Okeanis Eco Tankers dividends paid?
Okeanis Eco Tankers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Okeanis Eco Tankers 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, Okeanis Eco Tankers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Okeanis Eco Tankers 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 Okeanis Eco Tankers pay dividends?
Okeanis Eco Tankers typically pays dividends on a quarterly 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 Okeanis Eco Tankers pay dividends?
The general pattern is that Okeanis Eco Tankers pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Okeanis Eco Tankers dividend safe?
The safety of Okeanis Eco Tankers'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 Okeanis Eco Tankers'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 Okeanis Eco Tankers'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.