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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 2024-12-06. Ex dividend date: 2024-11-21
Precious Shipping annual dividend for 2024 was ฿0.40
Precious Shipping annual dividend for 2023 was ฿0.40
Precious Shipping's trailing twelve-month (TTM) dividend yield is 5.37%
Precious Shipping's payout ratio for the trailing twelve months (TTM) is 37.21%

Precious Shipping Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-21฿0.10quarterly2024-12-06
2024-08-22฿0.10quarterly2024-09-06
2024-05-23฿0.10quarterly2024-06-07
2024-04-19฿0.05quarterly2024-05-03
2024-02-23฿0.05quarterly2024-03-11
2023-11-23฿0.05quarterly2023-12-08
2023-08-24฿0.05quarterly2023-09-08
2023-05-29฿0.05quarterly2023-06-14
2023-04-21฿0.25quarterly2023-05-09
2022-11-24฿0.50quarterly2022-12-09
2022-08-26฿0.50quarterly2022-09-12
2022-05-24฿0.50quarterly2022-06-08
2022-04-11฿0.25quarterly2022-04-28
2022-02-28฿0.50quarterly2022-03-11
2021-11-26฿0.50quarterly2021-12-13
2021-08-27฿0.50quarterly2021-09-10
2014-08-13฿0.10quarterly
2014-05-12฿0.10quarterly
2014-02-20฿0.10quarterly
2013-11-13฿0.10quarterly
2013-08-13฿0.10quarterly
2013-05-13฿0.10quarterly
2013-02-15฿0.10quarterly
2012-11-19฿0.10quarterly
2012-08-17฿0.10quarterly
2012-05-25฿0.10quarterly
2012-02-16฿0.15quarterly
2011-11-16฿0.15quarterly
2011-08-17฿0.15quarterly
2011-05-24฿0.10quarterly
2011-02-08฿0.22quarterly
2010-11-15฿0.20quarterly
2010-08-17฿0.20quarterly
2010-05-18฿0.25quarterly
2010-02-12฿0.60quarterly
2009-11-19฿0.40quarterly
2009-08-17฿0.40quarterly
2009-05-22฿0.40quarterly
2009-02-17฿0.80quarterly
2008-11-25฿0.75quarterly
2008-08-26฿0.75quarterly
2008-06-02฿0.50quarterly
2008-03-04฿0.75quarterly
2007-11-27฿0.50quarterly
2007-08-29฿0.50quarterly
2007-05-22฿0.50quarterly
2007-03-30฿4.22quarterly

Precious Shipping Dividend per year

Precious Shipping Dividend growth

Precious Shipping Dividend Yield

Precious Shipping current trailing twelve-month (TTM) dividend yield is 5.37%. Interested in purchasing Precious Shipping stock? Use our calculator to estimate your expected dividend yield:

Precious Shipping Financial Ratios

P/E ratio7.90
PEG ratio0.03
P/B ratio0.73
ROE8.63%
Payout ratio37.21%
Current ratio1.38
Quick ratio1.36
Cash Ratio1.02

Precious Shipping Dividend FAQ

How much is the next Precious Shipping dividend?
Precious 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 Precious Shipping dividend. The next Precious Shipping dividend will be released in April, May, August, or November.
When is Precious Shipping dividend paid?
Precious Shipping pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, May, August, and November. 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 Precious Shipping pay?
The specific amount of Precious 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 Precious Shipping's dividend history.
Does Precious Shipping stock pay dividends?
Yes, Precious 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 Precious Shipping's dividend history.
How much dividend does Precious Shipping pay?
Precious Shipping paid ฿0.4 in 2024, ฿0.4 in 2023, ฿2.25 in 2022, ฿1.0 in 2021, and ฿0.0 in 2020.
How often does Precious Shipping pay dividends?
Precious 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 April, May, August, and November.
What is Precious Shipping's dividend yield?
The current dividend yield for Precious Shipping is 5.37%. 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 Precious Shipping's exact dividend yield.
When does Precious Shipping go ex dividend?
Precious Shipping's ex-dividend date for the latest dividend was on 2024-11-21. Precious 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 Precious Shipping dividend paid?
Precious Shipping pays dividends on a quarterly basis, typically around April, May, August, or November, but the exact dates can vary each year.
Will Precious 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 Precious 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 Precious Shipping dividend per share?
Precious Shipping paid ฿0.4 per share in 2024 and ฿0.4 per share in 2023. The amount of dividend per share that Precious 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 Precious 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 Precious 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 Precious Shipping a dividend stock?
Yes, Precious Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Precious Shipping a good dividend stock?
Whether Precious 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. Precious Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Precious Shipping pay dividends monthly?
Precious Shipping typically pays dividends on a quarterly basis.
Does Precious Shipping pay dividends quarterly?
Precious Shipping currently pays dividends on a quarterly basis.
Has Precious Shipping ever paid a dividend?
Yes, Precious Shipping has a history of paying dividends to its shareholders. Precious Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Precious Shipping dividend stocks?
To buy Precious 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 Precious 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 Precious Shipping pay dividends 2024?
Precious Shipping pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-06. 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 Precious Shipping increase its dividend in 2024?
Decisions regarding Precious 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 Precious Shipping dividend overview you can look into the above table of dividend history.
How Precious Shipping dividend works?
The Precious 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 Precious Shipping's dividend process works:

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.
How are Precious Shipping dividends paid?
Precious Shipping dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Precious Shipping pay dividends?
Precious 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 Precious Shipping pay dividends?
The general pattern is that Precious Shipping pays dividends around April, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Precious Shipping dividend safe?
The safety of Precious 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 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.