Tufton Oceanic Assets is an investment company that invests in secondhand commercial sea-going vessels. The company invests in its diversified portfolio of vessels through its subsidiaries in Guernsey and Isle of Man. These types of investment provides the investors with a growing income and capital returns.
Tufton Oceanic Assets Dividend Announcement
• Tufton Oceanic Assets announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-10-24
• Tufton Oceanic Assets annual dividend for 2024 was $0.20
• Tufton Oceanic Assets annual dividend for 2023 was $0.08
• Tufton Oceanic Assets's trailing twelve-month (TTM) dividend yield is 16.62%
• Tufton Oceanic Assets's payout ratio for the trailing twelve months (TTM) is 34.31%
• Tufton Oceanic Assets's dividend growth over the last five years (2018-2023) was 18.72% year
Tufton Oceanic Assets Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | $0.02 | quarterly | 2024-11-08 |
2024-08-15 | $0.12 | quarterly | 2024-08-28 |
2024-07-25 | $0.02 | quarterly | 2024-07-29 |
2024-04-25 | $0.02 | quarterly | 2024-04-29 |
2024-01-25 | $0.02 | quarterly | 2024-02-09 |
2023-10-26 | $0.02 | quarterly | 2023-11-10 |
2023-07-27 | $0.02 | quarterly | 2023-08-11 |
2023-04-27 | $0.02 | quarterly | 2023-05-11 |
2023-01-26 | $0.02 | quarterly | 2023-02-10 |
2022-10-27 | $0.02 | quarterly | 2022-11-11 |
2022-07-28 | $0.02 | quarterly | 2022-08-12 |
2022-05-05 | $0.02 | quarterly | 2022-05-20 |
2022-01-27 | $0.02 | quarterly | 2022-02-11 |
2021-10-28 | $0.02 | quarterly | 2021-11-12 |
2021-07-29 | $0.02 | quarterly | 2021-08-13 |
2021-04-29 | $0.02 | quarterly | 2021-05-14 |
2021-01-28 | $0.02 | quarterly | 2021-02-12 |
2020-11-05 | $0.02 | quarterly | 2020-11-20 |
2020-08-06 | $0.02 | quarterly | 2020-08-21 |
2020-05-07 | $0.02 | quarterly | 2020-05-26 |
2020-02-06 | $0.02 | quarterly | 2020-02-21 |
2019-11-07 | $0.02 | quarterly | 2019-11-22 |
2019-08-08 | $0.02 | quarterly | 2019-08-23 |
2019-05-02 | $0.02 | quarterly | 2019-05-17 |
2019-02-07 | $0.02 | quarterly | 2019-02-22 |
2018-11-01 | $0.02 | quarterly | 2018-11-15 |
2018-08-09 | $0.01 | quarterly | 2018-08-17 |
Tufton Oceanic Assets Dividend per year
Tufton Oceanic Assets Dividend growth
Tufton Oceanic Assets Dividend Yield
Tufton Oceanic Assets current trailing twelve-month (TTM) dividend yield is 16.62%. Interested in purchasing Tufton Oceanic Assets stock? Use our calculator to estimate your expected dividend yield:
Tufton Oceanic Assets Financial Ratios
Tufton Oceanic Assets Dividend FAQ
Other factors to consider when evaluating Tufton Oceanic Assets 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: Tufton Oceanic Assets'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, Tufton Oceanic Assets 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, Tufton Oceanic Assets 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 Tufton Oceanic Assets 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: Tufton Oceanic Assets 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, Tufton Oceanic Assets distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tufton Oceanic Assets 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 Tufton Oceanic Assets'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 Tufton Oceanic Assets'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.