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 $1.10 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-20
• Okeanis Eco Tankers annual dividend for 2024 was $2.86
• Okeanis Eco Tankers's trailing twelve-month (TTM) dividend yield is 11.17%
• Okeanis Eco Tankers's payout ratio for the trailing twelve months (TTM) is 102.00%
Okeanis Eco Tankers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | $1.10 | quarterly | 2024-09-05 |
2024-06-04 | $1.10 | quarterly | 2024-06-25 |
2024-03-08 | $0.66 | quarterly | 2024-03-22 |
Okeanis Eco Tankers Dividend per year
Okeanis Eco Tankers Dividend Yield
Okeanis Eco Tankers current trailing twelve-month (TTM) dividend yield is 11.17%. Interested in purchasing Okeanis Eco Tankers stock? Use our calculator to estimate your expected dividend yield:
Okeanis Eco Tankers Financial Ratios
Okeanis Eco Tankers Dividend FAQ
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.
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