Steamships Trading Company Limited engages in the shipping, transport, property, and hotel businesses in Papua New Guinea. The company operates through three segments: Hotels and Property, Logistics, and Commercial and Investment. It offers scheduled services to manufacturers, wholesalers, and liner carriers; depot services comprising equipment hire, warehousing, and bonded or unbonded yard storage; short and long term vessel charters specialized in shallow water river shipping; and develops, implements, and supports intermodal logistics solutions linked to land-based services, such as road transport, cargo handling, storage, customs clearance, lay down areas, and warehousing. The company also provides services, which include towage, moorage, salvage, commercial diving, and life rafts. In addition, it operates a fleet of prime movers, heavy and light trucks, forklifts, and reach stackers for the transport of bulk fuel, containerized cargoes, and break-bulk cargoes; offers customs cargo clearance service in Lae and Port Moresby; and provides project solutions for the mining, oil and gas, and commercial sectors. Further, the company manages eight hotel, and residence and apartment properties; operates food and beverage outlets; and develops and holds residential, commercial, retail, and industrial properties. Additionally, it is involved in the commercial and insurance activities. Steamships Trading Company Limited operates a fleet of 10 coastal vessels; and 15 tugs and 10 associated support vessels. The company was incorporated in 1918 and is headquartered in Port Moresby, Papua New Guinea. Steamships Trading Company Limited is a subsidiary of John Swire & Sons (PNG) Limited.
Steamships Trading Dividend Announcement
• Steamships Trading announced a semi annually dividend of A$0.13 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-09-30
• Steamships Trading annual dividend for 2024 was A$0.37
• Steamships Trading annual dividend for 2023 was A$0.38
• Steamships Trading's trailing twelve-month (TTM) dividend yield is 1.0%
• Steamships Trading's payout ratio for the trailing twelve months (TTM) is 29.04%
• Steamships Trading's dividend growth over the last five years (2018-2023) was 5.22% year
• Steamships Trading's dividend growth over the last ten years (2013-2023) was -8.67% year
Steamships Trading Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | A$0.13 | semi annually | 2024-10-31 |
| 2024-04-24 | A$0.24 | semi annually | 2024-07-26 |
| 2023-09-29 | A$0.13 | semi annually | 2023-10-31 |
| 2023-04-27 | A$0.25 | semi annually | 2023-07-28 |
| 2022-09-30 | A$0.18 | semi annually | 2022-10-31 |
| 2022-04-28 | A$0.23 | semi annually | 2022-07-29 |
| 2021-10-01 | A$0.12 | semi annually | 2021-12-03 |
| 2021-04-29 | A$0.24 | semi annually | 2021-07-30 |
| 2020-04-29 | A$0.24 | semi annually | 2020-08-03 |
| 2019-09-05 | A$0.09 | semi annually | 2019-10-04 |
| 2019-04-29 | A$0.42 | semi annually | 2019-07-19 |
| 2018-09-06 | A$0.16 | semi annually | 2018-10-26 |
| 2018-04-27 | A$0.14 | semi annually | 2018-07-06 |
| 2017-09-08 | A$0.23 | semi annually | 2017-10-27 |
| 2017-04-27 | A$0.12 | semi annually | 2017-06-09 |
| 2016-12-14 | A$0.09 | semi annually | 2016-12-29 |
| 2016-09-06 | A$0.24 | semi annually | 2016-09-30 |
| 2016-04-28 | A$0.13 | semi annually | 2016-05-13 |
| 2015-09-03 | A$0.40 | semi annually | 2015-09-30 |
| 2015-04-28 | A$0.24 | semi annually | 2015-05-26 |
| 2014-09-10 | A$0.29 | semi annually | 2014-09-30 |
| 2014-04-28 | A$0.50 | semi annually | 2014-05-20 |
| 2013-09-09 | A$0.20 | semi annually | 2013-09-30 |
| 2013-04-23 | A$0.75 | semi annually | 2013-05-14 |
Steamships Trading Dividend per year
Steamships Trading Dividend growth
Steamships Trading Dividend Yield
Steamships Trading current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Steamships Trading stock? Use our calculator to estimate your expected dividend yield:
Steamships Trading Financial Ratios
P/E ratio25.01
PEG ratio-0.86
P/B ratio0.43
ROE2.91%
Payout ratio29.04%
Current ratio1.70
Quick ratio1.44
Cash Ratio0.19
Steamships Trading Dividend FAQ
How much is the next Steamships Trading dividend?
Steamships Trading's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Steamships Trading dividend. The next Steamships Trading dividend will be released in April, or September.
When is Steamships Trading dividend paid?
Steamships Trading pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. 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 Steamships Trading pay?
The specific amount of Steamships Trading 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 Steamships Trading's dividend history.
Does Steamships Trading stock pay dividends?
Yes, Steamships Trading 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 Steamships Trading's dividend history.
How much dividend does Steamships Trading pay?
Steamships Trading paid A$0.372 in 2024, A$0.381 in 2023, A$0.405 in 2022, A$0.355 in 2021, and A$0.24 in 2020.
How often does Steamships Trading pay dividends?
Steamships Trading typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Steamships Trading's dividend yield?
The current dividend yield for Steamships Trading is 1.0%. 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 Steamships Trading's exact dividend yield.
When does Steamships Trading go ex dividend?
Steamships Trading's ex-dividend date for the latest dividend was on 2024-09-30. Steamships Trading 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 Steamships Trading dividend paid?
Steamships Trading pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Steamships Trading 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 Steamships Trading 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 Steamships Trading dividend per share?
Steamships Trading paid A$0.372 per share in 2024 and A$0.381 per share in 2023. The amount of dividend per share that Steamships Trading 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 Steamships Trading 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 Steamships Trading 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 Steamships Trading a dividend stock?
Yes, Steamships Trading is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Steamships Trading a good dividend stock?
Whether Steamships Trading is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Steamships Trading has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Steamships Trading 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.
Other factors to consider when evaluating Steamships Trading 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 Steamships Trading pay dividends monthly?
Steamships Trading typically pays dividends on a semi annually basis.
Does Steamships Trading pay dividends quarterly?
Steamships Trading currently pays dividends on a semi annually basis.
Has Steamships Trading ever paid a dividend?
Yes, Steamships Trading has a history of paying dividends to its shareholders. Steamships Trading is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Steamships Trading dividend stocks?
To buy Steamships Trading 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 Steamships Trading 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.
Place an order: Use the brokerage's trading platform to place an order to buy Steamships Trading 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 Steamships Trading pay dividends 2024?
Steamships Trading pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-31. 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 Steamships Trading increase its dividend in 2024?
Decisions regarding Steamships Trading 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 Steamships Trading dividend overview you can look into the above table of dividend history.
How Steamships Trading dividend works?
The Steamships Trading 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 Steamships Trading's dividend process works:
1. Determination of Dividend: Steamships Trading'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, Steamships Trading 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, Steamships Trading 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 Steamships Trading 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. Determination of Dividend: Steamships Trading'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, Steamships Trading 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, Steamships Trading 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 Steamships Trading 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 Steamships Trading dividends paid?
Steamships Trading dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Steamships Trading 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, Steamships Trading distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Steamships Trading 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.
1. Record Date: Steamships Trading 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, Steamships Trading distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Steamships Trading 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 Steamships Trading pay dividends?
Steamships Trading typically pays dividends on a semi annually 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 Steamships Trading pay dividends?
The general pattern is that Steamships Trading pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Steamships Trading dividend safe?
The safety of Steamships Trading'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 Steamships Trading'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 Steamships Trading'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.
To assess the safety of Steamships Trading'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 Steamships Trading'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.