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Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.

Top Ships Dividend Announcement

Top Ships announced a quarterly dividend of $2.50 per ordinary share which will be made payable on 2006-04-25. Ex dividend date: 2006-04-12
Top Ships's trailing twelve-month (TTM) dividend yield is -%
Top Ships's payout ratio for the trailing twelve months (TTM) is -31.82%

Top Ships Dividend History

Ex-Div dateDividend amountDividend typePay date
2006-04-12$2.50quarterly2006-04-25
2006-03-28$5.00quarterly
2006-01-12$0.21quarterly2006-01-23
2005-10-12$0.21quarterly2005-10-25
2005-07-13$0.25quarterly2005-07-27
2005-07-05$0.21quarterly2005-07-20
2005-03-29$0.21quarterly2005-04-14
2004-12-20$0.21quarterly2005-01-12

Top Ships Dividend per year

Top Ships Dividend growth

Top Ships Dividend Yield

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

Top Ships Financial Ratios

P/E ratio-0.84
PEG ratio-0.01
P/B ratio0.09
ROE-10.26%
Payout ratio-31.82%
Current ratio0.94
Quick ratio0.91
Cash Ratio0.87

Top Ships Dividend FAQ

How much is the next Top Ships dividend?
Top Ships's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Top Ships dividend. The next Top Ships dividend will be released in March, July, July, or October.
When is Top Ships dividend paid?
Top Ships pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, July, July, and October. 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 Top Ships pay?
The specific amount of Top Ships 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 Top Ships's dividend history.
Does Top Ships stock pay dividends?
Yes, Top Ships 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 Top Ships's dividend history.
How much dividend does Top Ships pay?
Top Ships paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Top Ships pay dividends?
Top Ships 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 March, July, July, and October.
What is Top Ships's dividend yield?
The current dividend yield for Top Ships is -%. 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 Top Ships's exact dividend yield.
When does Top Ships go ex dividend?
Top Ships's ex-dividend date for the latest dividend was on 2006-04-12. Top Ships 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 Top Ships dividend paid?
Top Ships pays dividends on a quarterly basis, typically around March, July, July, or October, but the exact dates can vary each year.
Will Top Ships 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 Top Ships 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 Top Ships dividend per share?
Top Ships paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Top Ships 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 Top Ships 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 Top Ships 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 Top Ships a dividend stock?
Yes, Top Ships is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Top Ships a good dividend stock?
Whether Top Ships is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Top Ships has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Top Ships 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 Top Ships pay dividends monthly?
Top Ships typically pays dividends on a quarterly basis.
Does Top Ships pay dividends quarterly?
Top Ships currently pays dividends on a quarterly basis.
Has Top Ships ever paid a dividend?
Yes, Top Ships has a history of paying dividends to its shareholders. Top Ships is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Top Ships dividend stocks?
To buy Top Ships 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 Top Ships 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 Top Ships pay dividends 2024?
Top Ships pays dividends on a quarterly basis. 2024 dividend payments are in 2006-04-25. 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 Top Ships increase its dividend in 2024?
Decisions regarding Top Ships 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 Top Ships dividend overview you can look into the above table of dividend history.
How Top Ships dividend works?
The Top Ships 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 Top Ships's dividend process works:

1. Determination of Dividend: Top Ships'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, Top Ships 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, Top Ships 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 Top Ships 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 Top Ships dividends paid?
Top Ships dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Top Ships 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, Top Ships distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Top Ships 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 Top Ships pay dividends?
Top Ships 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 Top Ships pay dividends?
The general pattern is that Top Ships pays dividends around March, July, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Top Ships dividend safe?
The safety of Top Ships'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 Top Ships'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 Top Ships'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.