Samudera Shipping Line Ltd engages in the transportation of containerized and non-containerized cargo to various ports in Southeast Asia, the Indian Sub-continent, the Far East, and the Middle East. It operates through three segments: Container Shipping, Bulk and Tanker, and Agencies & Logistics. The company provides feeder services between its hub port in Singapore and other spoke ports in Asia to main line operators; liner services to traders and freight forwarders; and inter-regional container shipping services to manufacturers, exporters, and importers. It also offers shipping services for oil, chemical, gas, and liquefied products, as well as dry bulk transportation, warehousing, freight forwarding, and cargo handling services. In addition, the company provides shipping agency services; and owns, operates, and charters vessels. It operates a fleet of 32 vessels, including 29 container vessels, 2 chemical tankers, and 1 gas tanker. The company was incorporated in 1993 and is headquartered in Singapore. Samudera Shipping Line Ltd is a subsidiary of PT Samudera Indonesia Tbk.
Samudera Shipping Line Dividend Announcement
• Samudera Shipping Line announced a semi annually dividend of S$0.01 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-08-12
• Samudera Shipping Line annual dividend for 2024 was S$0.09
• Samudera Shipping Line annual dividend for 2023 was S$0.26
• Samudera Shipping Line's trailing twelve-month (TTM) dividend yield is 10.91%
• Samudera Shipping Line's payout ratio for the trailing twelve months (TTM) is 80.59%
• Samudera Shipping Line's dividend growth over the last five years (2018-2023) was 103.62% year
Samudera Shipping Line Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | S$0.01 | semi annually | 2024-08-21 |
2024-05-07 | S$0.08 | semi annually | 2024-05-15 |
2023-08-10 | S$0.02 | semi annually | 2023-08-18 |
2023-05-09 | S$0.24 | semi annually | 2023-05-18 |
2022-08-10 | S$0.07 | semi annually | 2022-08-18 |
2022-05-10 | S$0.13 | semi annually | 2022-05-20 |
2021-08-10 | S$0.01 | semi annually | 2021-08-18 |
2021-05-10 | S$0.00 | semi annually | 2021-05-20 |
2020-07-07 | S$0.01 | semi annually | |
2020-06-08 | S$0.01 | semi annually | |
2019-05-07 | S$0.01 | semi annually | 2019-05-15 |
2018-05-04 | S$0.01 | semi annually | 2018-05-16 |
2017-05-04 | S$0.01 | semi annually | 2017-05-18 |
2016-05-05 | S$0.00 | semi annually | |
2015-05-05 | S$0.01 | semi annually | |
2013-05-02 | S$0.00 | semi annually | |
2012-05-03 | S$0.00 | semi annually |
Samudera Shipping Line Dividend per year
Samudera Shipping Line Dividend growth
Samudera Shipping Line Dividend Yield
Samudera Shipping Line current trailing twelve-month (TTM) dividend yield is 10.91%. Interested in purchasing Samudera Shipping Line stock? Use our calculator to estimate your expected dividend yield:
Samudera Shipping Line Financial Ratios
Samudera Shipping Line Dividend FAQ
Other factors to consider when evaluating Samudera Shipping Line 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: Samudera Shipping Line'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, Samudera Shipping Line 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, Samudera Shipping Line 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 Samudera Shipping Line 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: Samudera Shipping Line 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, Samudera Shipping Line distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Samudera Shipping Line 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 Samudera Shipping Line'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 Samudera Shipping Line'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.