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Philly Shipyard ASA operates as a commercial shipyard that builds and repairs vessels for the United States Jones Act market and government. It owns a shipbuilding facility, which provides ocean-going merchant vessels, including containerships, product tankers, and aframax tankers. The company was formerly known as Aker Philadelphia Shipyard ASA and changed its name to Philly Shipyard ASA in November 2015. The company was founded in 1997 and is headquartered in Oslo, Norway. Philly Shipyard ASA is a subsidiary of Aker Capital ASA.

Philly Shipyard Dividend Announcement

• Philly Shipyard announced a annually dividend of $0.25 per ordinary share which will be made payable on 2017-03-06. Ex dividend date: 2017-02-23
• Philly Shipyard's trailing twelve-month (TTM) dividend yield is -%

Philly Shipyard Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-02-23$0.25annually2017-03-06
2016-05-13$3.75annually
2015-03-04$0.25annually
2014-11-12$0.25annually
2014-07-23$0.24annually
2014-05-07$2.96annually

Philly Shipyard Dividend per year

Philly Shipyard Dividend growth

Philly Shipyard Dividend Yield

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

Philly Shipyard Financial Ratios

P/E ratio-0.82
PEG ratio-0.09
P/B ratio-1.20
ROE511.91%
Payout ratio0.00%
Current ratio0.80
Quick ratio0.80
Cash Ratio0.00

Philly Shipyard Dividend FAQ

Does Philly Shipyard stock pay dividends?
Philly Shipyard does not currently pay dividends to its shareholders.
Has Philly Shipyard ever paid a dividend?
No, Philly Shipyard has no a history of paying dividends to its shareholders. Philly Shipyard is not known for its dividend payments.
Why doesn't Philly Shipyard pay dividends?
There are several potential reasons why Philly Shipyard would choose not to pay dividends to their shareholders:

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.
Will Philly Shipyard ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Philly Shipyard has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Philly Shipyard a dividend aristocrat?
Philly Shipyard is not considered a Dividend Aristocrat. 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 Philly Shipyard a dividend king?
Philly Shipyard is not classified as a "Dividend King". 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 Philly Shipyard a dividend stock?
No, Philly Shipyard is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Philly Shipyard stocks?
To buy Philly Shipyard 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Philly Shipyard 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.