Precious Shipping Public Company Limited owns and operates dry bulk ships on a tramp-shipping basis worldwide. It is involved in the chartering and owning of ships, as well as in marine transportation. The company's cargoes primarily handle cement, agricultural products, steel, fertilizers, ore and concentrates, coal, logs, and other items. As of December 31, 2021, it owned and operated 36 dry bulk ships, including 9 Supramax, 8 Ultramax, and 19 Handysize, including 4 cement carrier vessels with a total capacity of 1,585,805 deadweight tons. Precious Shipping Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand.
Precious Shipping Dividend Announcement
• Precious Shipping announced a quarterly dividend of ฿0.10 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-22
• Precious Shipping annual dividend for 2024 was ฿0.30
• Precious Shipping annual dividend for 2023 was ฿0.40
• Precious Shipping's trailing twelve-month (TTM) dividend yield is 4.24%
• Precious Shipping's payout ratio for the trailing twelve months (TTM) is 36.43%
Precious Shipping Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | ฿0.10 | quarterly | 2024-09-06 |
2024-05-23 | ฿0.10 | quarterly | 2024-06-07 |
2024-04-19 | ฿0.05 | quarterly | |
2024-02-23 | ฿0.05 | quarterly | |
2023-11-23 | ฿0.05 | quarterly | 2023-12-08 |
2023-08-24 | ฿0.05 | quarterly | 2023-09-08 |
2023-05-29 | ฿0.05 | quarterly | 2023-06-14 |
2023-04-21 | ฿0.25 | quarterly | 2023-05-09 |
2022-11-24 | ฿0.50 | quarterly | 2022-12-09 |
2022-08-26 | ฿0.50 | quarterly | 2022-09-12 |
2022-05-24 | ฿0.50 | quarterly | 2022-06-08 |
2022-04-11 | ฿0.25 | quarterly | 2022-04-28 |
2022-02-28 | ฿0.50 | quarterly | 2022-03-11 |
2021-11-26 | ฿0.50 | quarterly | 2021-12-13 |
2021-08-27 | ฿0.50 | quarterly | 2021-09-10 |
2014-08-13 | ฿0.08 | quarterly | |
2014-05-12 | ฿0.08 | quarterly | |
2014-02-20 | ฿0.08 | quarterly | |
2013-11-13 | ฿0.08 | quarterly | |
2013-08-13 | ฿0.08 | quarterly | |
2013-05-13 | ฿0.08 | quarterly | |
2013-02-15 | ฿0.08 | quarterly | |
2012-11-19 | ฿0.08 | quarterly | |
2012-08-17 | ฿0.08 | quarterly | |
2012-05-25 | ฿0.08 | quarterly | |
2012-02-16 | ฿0.11 | quarterly | |
2011-11-16 | ฿0.11 | quarterly | |
2011-08-17 | ฿0.11 | quarterly | |
2011-05-24 | ฿0.08 | quarterly | |
2011-02-08 | ฿0.17 | quarterly | |
2010-11-15 | ฿0.15 | quarterly | |
2010-08-17 | ฿0.15 | quarterly | |
2010-05-18 | ฿0.19 | quarterly | |
2010-02-12 | ฿0.46 | quarterly | |
2009-11-19 | ฿0.31 | quarterly | |
2009-08-17 | ฿0.31 | quarterly | |
2009-05-22 | ฿0.31 | quarterly | |
2009-02-17 | ฿0.61 | quarterly | |
2008-11-25 | ฿0.57 | quarterly | |
2008-08-26 | ฿0.57 | quarterly | |
2008-06-02 | ฿0.38 | quarterly | |
2008-03-04 | ฿0.57 | quarterly | |
2007-11-27 | ฿0.38 | quarterly | |
2007-08-29 | ฿0.38 | quarterly | |
2007-05-22 | ฿0.38 | quarterly | |
2007-03-30 | ฿3.22 | quarterly |
Precious Shipping Dividend per year
Precious Shipping Dividend growth
Precious Shipping Dividend Yield
Precious Shipping current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Precious Shipping stock? Use our calculator to estimate your expected dividend yield:
Precious Shipping Financial Ratios
Precious Shipping Dividend FAQ
Other factors to consider when evaluating Precious 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.
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1. Determination of Dividend: Precious 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, Precious 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, Precious 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 Precious 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.
1. Record Date: Precious 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, Precious 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: Precious 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.
To assess the safety of Precious 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 Precious 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.