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Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide. It also offers shipping consulting, ocean shipping, crewing, secretarial, and agency and ship management services; and engages in the vessel owning and chartering, and convertible bonds issuing activities. As of February 28, 2022, the company had a fleet of 130 Handysize vessels, and 124 Supramax vessels. Pacific Basin Shipping Limited was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.

Pacific Basin Shipping Dividend Announcement

Pacific Basin Shipping announced a semi annually dividend of $0.10 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-22
Pacific Basin Shipping annual dividend for 2024 was $0.25
Pacific Basin Shipping annual dividend for 2023 was $0.83
Pacific Basin Shipping's trailing twelve-month (TTM) dividend yield is 4.66%
Pacific Basin Shipping's payout ratio for the trailing twelve months (TTM) is 98.90%

Pacific Basin Shipping Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22$0.10semi annually2024-09-19
2024-04-25$0.15semi annually2024-05-24
2023-08-10$0.17semi annually2023-09-11
2023-04-24$0.66semi annually2023-05-24
2022-08-09$1.32semi annually2022-09-08
2022-04-20$1.99semi annually2022-05-20
2021-08-10$0.36semi annually2021-09-09
2020-04-16$0.05semi annually2020-05-20
2019-04-22$0.09semi annually2019-05-22
2016-07-06$0.69semi annually
2015-04-23$0.13semi annually2015-05-27
2014-04-21$0.13semi annually2014-05-27
2013-04-22$0.13semi annually2013-05-23
2012-04-20$0.13semi annually2012-05-25
2011-08-12$0.13semi annually2011-05-18

Pacific Basin Shipping Dividend per year

Pacific Basin Shipping Dividend growth

Pacific Basin Shipping Dividend Yield

Pacific Basin Shipping current trailing twelve-month (TTM) dividend yield is 4.66%. Interested in purchasing Pacific Basin Shipping stock? Use our calculator to estimate your expected dividend yield:

Pacific Basin Shipping Financial Ratios

P/E ratio307.38
PEG ratio3.07
P/B ratio15.95
ROE5.20%
Payout ratio98.90%
Current ratio1.70
Quick ratio1.29
Cash Ratio0.75

Pacific Basin Shipping Dividend FAQ

How much is the next Pacific Basin Shipping dividend?
Pacific Basin Shipping's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pacific Basin Shipping dividend. The next Pacific Basin Shipping dividend will be released in April, or August.
When is Pacific Basin Shipping dividend paid?
Pacific Basin Shipping pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, 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 Pacific Basin Shipping pay?
The specific amount of Pacific Basin Shipping 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 Pacific Basin Shipping's dividend history.
Does Pacific Basin Shipping stock pay dividends?
Yes, Pacific Basin Shipping 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 Pacific Basin Shipping's dividend history.
How much dividend does Pacific Basin Shipping pay?
Pacific Basin Shipping paid $0.251 in 2024, $0.83 in 2023, $3.318 in 2022, $0.36 in 2021, and $0.054 in 2020.
How often does Pacific Basin Shipping pay dividends?
Pacific Basin Shipping 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 April, and August.
What is Pacific Basin Shipping's dividend yield?
The current dividend yield for Pacific Basin Shipping is 4.66%. 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 Pacific Basin Shipping's exact dividend yield.
When does Pacific Basin Shipping go ex dividend?
Pacific Basin Shipping's ex-dividend date for the latest dividend was on 2024-08-22. Pacific Basin Shipping 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 Pacific Basin Shipping dividend paid?
Pacific Basin Shipping pays dividends on a semi annually basis, typically around April, or August, but the exact dates can vary each year.
Will Pacific Basin Shipping 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 Pacific Basin Shipping 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 Pacific Basin Shipping dividend per share?
Pacific Basin Shipping paid $0.251 per share in 2024 and $0.83 per share in 2023. The amount of dividend per share that Pacific Basin Shipping 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 Pacific Basin Shipping 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 Pacific Basin Shipping 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 Pacific Basin Shipping a dividend stock?
Yes, Pacific Basin Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pacific Basin Shipping a good dividend stock?
Whether Pacific Basin Shipping is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pacific Basin Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Pacific Basin Shipping 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 Pacific Basin Shipping pay dividends monthly?
Pacific Basin Shipping typically pays dividends on a semi annually basis.
Does Pacific Basin Shipping pay dividends quarterly?
Pacific Basin Shipping currently pays dividends on a semi annually basis.
Has Pacific Basin Shipping ever paid a dividend?
Yes, Pacific Basin Shipping has a history of paying dividends to its shareholders. Pacific Basin Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pacific Basin Shipping dividend stocks?
To buy Pacific Basin Shipping 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 Pacific Basin Shipping 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 Pacific Basin Shipping pay dividends 2024?
Pacific Basin Shipping pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-19. 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 Pacific Basin Shipping increase its dividend in 2024?
Decisions regarding Pacific Basin Shipping 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 Pacific Basin Shipping dividend overview you can look into the above table of dividend history.
How Pacific Basin Shipping dividend works?
The Pacific Basin Shipping 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 Pacific Basin Shipping's dividend process works:

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

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

3. Currency: Pacific Basin Shipping 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 Pacific Basin Shipping pay dividends?
Pacific Basin Shipping 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 Pacific Basin Shipping pay dividends?
The general pattern is that Pacific Basin Shipping pays dividends around April, 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 Pacific Basin Shipping dividend safe?
The safety of Pacific Basin Shipping'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 Pacific Basin Shipping'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 Pacific Basin Shipping'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.