Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity of 546,094 dwt. The company was incorporated in 2010 and is based in Athens, Greece.
Performance Shipping Dividend Announcement
• Performance Shipping announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2020-11-09. Ex dividend date: 2020-10-29 • Performance Shipping's trailing twelve-month (TTM) dividend yield is -% • Performance Shipping's payout ratio for the trailing twelve months (TTM) is 4.73%
Performance Shipping current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Performance Shipping stock? Use our calculator to estimate your expected dividend yield:
Performance Shipping Financial Ratios
P/E ratio0.36
PEG ratio0.00
P/B ratio0.08
ROE23.66%
Payout ratio4.73%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Performance Shipping Dividend FAQ
How much is the next Performance Shipping dividend?
Performance 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 Performance Shipping dividend. The next Performance Shipping dividend will be released in .
When is Performance Shipping dividend paid?
Performance Shipping pays dividends on a quarterly basis. The specific dates may vary each year but are generally around . 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 Performance Shipping pay?
The specific amount of Performance 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 Performance Shipping's dividend history.
Does Performance Shipping stock pay dividends?
Yes, Performance 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 Performance Shipping's dividend history.
How much dividend does Performance Shipping pay?
Performance Shipping paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.01 in 2020.
How often does Performance Shipping pay dividends?
Performance Shipping 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 .
What is Performance Shipping's dividend yield?
The current dividend yield for Performance Shipping is -%. 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 Performance Shipping's exact dividend yield.
When does Performance Shipping go ex dividend?
Performance Shipping's ex-dividend date for the latest dividend was on 2020-10-29. Performance 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 Performance Shipping dividend paid?
Performance Shipping pays dividends on a quarterly basis, typically around , but the exact dates can vary each year.
Will Performance 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 Performance 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 Performance Shipping dividend per share?
Performance Shipping paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Performance 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 Performance 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 Performance 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 Performance Shipping a dividend stock?
Yes, Performance Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Performance Shipping a good dividend stock?
Whether Performance 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. Performance Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Performance 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 Performance Shipping pay dividends monthly?
Performance Shipping typically pays dividends on a quarterly basis.
Does Performance Shipping pay dividends quarterly?
Performance Shipping currently pays dividends on a quarterly basis.
Has Performance Shipping ever paid a dividend?
Yes, Performance Shipping has a history of paying dividends to its shareholders. Performance Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Performance Shipping dividend stocks?
To buy Performance 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 Performance 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 Performance Shipping pay dividends 2024?
Performance Shipping pays dividends on a quarterly basis. 2024 dividend payments are in 2020-11-09. 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 Performance Shipping increase its dividend in 2024?
Decisions regarding Performance 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 Performance Shipping dividend overview you can look into the above table of dividend history.
How Performance Shipping dividend works?
The Performance 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 Performance Shipping's dividend process works:
1. Determination of Dividend: Performance 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, Performance 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, Performance 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 Performance 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 Performance Shipping dividends paid?
Performance Shipping dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Performance 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, Performance 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: Performance 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 Performance Shipping pay dividends?
Performance Shipping 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 Performance Shipping pay dividends?
The general pattern is that Performance Shipping pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Performance Shipping dividend safe?
The safety of Performance 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 Performance 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 Performance 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.