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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 $0.12 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-15
Tufton Oceanic Assets annual dividend for 2024 was $0.18
Tufton Oceanic Assets annual dividend for 2023 was $0.08
Tufton Oceanic Assets's trailing twelve-month (TTM) dividend yield is 14.93%
Tufton Oceanic Assets's payout ratio for the trailing twelve months (TTM) is 90.21%
Tufton Oceanic Assets's dividend growth over the last five years (2018-2023) was 19.96% year

Tufton Oceanic Assets Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-15$0.12quarterly2024-08-28
2024-07-25$0.02quarterly2024-07-29
2024-04-25$0.02quarterly2024-04-29
2024-01-25$0.02quarterly2024-02-09
2023-10-26$0.02quarterly2023-11-10
2023-07-27$0.02quarterly2023-08-11
2023-04-27$0.02quarterly2023-05-11
2023-01-26$0.02quarterly2023-02-10
2022-10-27$0.02quarterly2022-11-11
2022-07-28$0.02quarterly2022-08-12
2022-05-05$0.02quarterly2022-05-20
2022-01-27$0.02quarterly2022-02-11
2021-10-28$0.02quarterly2021-11-12
2021-07-29$0.02quarterly2021-08-13
2021-04-29$0.02quarterly2021-05-14
2021-01-28$0.02quarterly2021-02-12
2020-11-05$0.02quarterly2020-11-20
2020-08-06$0.02quarterly2020-08-21
2020-05-07$0.02quarterly2020-05-26
2020-02-06$0.02quarterly2020-02-21
2019-11-07$0.02quarterly2019-11-22
2019-08-08$0.02quarterly2019-08-23
2019-05-02$0.02quarterly2019-05-17
2019-02-07$0.02quarterly2019-02-22
2018-11-01$0.02quarterly2018-11-15
2018-08-09$0.01quarterly2018-08-17

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 14.93%. Interested in purchasing Tufton Oceanic Assets stock? Use our calculator to estimate your expected dividend yield:

Tufton Oceanic Assets Financial Ratios

P/E ratio11.11
PEG ratio0.69
P/B ratio0.87
ROE8.22%
Payout ratio90.21%
Current ratio6.00
Quick ratio6.00
Cash Ratio0.05

Tufton Oceanic Assets Dividend FAQ

How much is the next Tufton Oceanic Assets dividend?
Tufton Oceanic Assets's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tufton Oceanic Assets dividend. The next Tufton Oceanic Assets dividend will be released in January, April, July, or October.
When is Tufton Oceanic Assets dividend paid?
Tufton Oceanic Assets pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, 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 Tufton Oceanic Assets pay?
The specific amount of Tufton Oceanic Assets 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 Tufton Oceanic Assets's dividend history.
Does Tufton Oceanic Assets stock pay dividends?
Yes, Tufton Oceanic Assets 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 Tufton Oceanic Assets's dividend history.
How much dividend does Tufton Oceanic Assets pay?
Tufton Oceanic Assets paid $0.176 in 2024, $0.081 in 2023, $0.08 in 2022, $0.076 in 2021, and $0.07 in 2020.
How often does Tufton Oceanic Assets pay dividends?
Tufton Oceanic Assets 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 January, April, July, and October.
What is Tufton Oceanic Assets's dividend yield?
The current dividend yield for Tufton Oceanic Assets is 14.93%. 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 Tufton Oceanic Assets's exact dividend yield.
When does Tufton Oceanic Assets go ex dividend?
Tufton Oceanic Assets's ex-dividend date for the latest dividend was on 2024-08-15. Tufton Oceanic Assets 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 Tufton Oceanic Assets dividend paid?
Tufton Oceanic Assets pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Tufton Oceanic Assets 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 Tufton Oceanic Assets 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 Tufton Oceanic Assets dividend per share?
Tufton Oceanic Assets paid $0.176 per share in 2024 and $0.081 per share in 2023. The amount of dividend per share that Tufton Oceanic Assets 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 Tufton Oceanic Assets 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 Tufton Oceanic Assets 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 Tufton Oceanic Assets a dividend stock?
Yes, Tufton Oceanic Assets is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tufton Oceanic Assets a good dividend stock?
Whether Tufton Oceanic Assets is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tufton Oceanic Assets has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Tufton Oceanic Assets pay dividends monthly?
Tufton Oceanic Assets typically pays dividends on a quarterly basis.
Does Tufton Oceanic Assets pay dividends quarterly?
Tufton Oceanic Assets currently pays dividends on a quarterly basis.
Has Tufton Oceanic Assets ever paid a dividend?
Yes, Tufton Oceanic Assets has a history of paying dividends to its shareholders. Tufton Oceanic Assets is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tufton Oceanic Assets dividend stocks?
To buy Tufton Oceanic Assets 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 Tufton Oceanic Assets 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 Tufton Oceanic Assets pay dividends 2024?
Tufton Oceanic Assets pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-28. 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 Tufton Oceanic Assets increase its dividend in 2024?
Decisions regarding Tufton Oceanic Assets 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 Tufton Oceanic Assets dividend overview you can look into the above table of dividend history.
How Tufton Oceanic Assets dividend works?
The Tufton Oceanic Assets 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 Tufton Oceanic Assets's dividend process works:

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

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.
How many times does Tufton Oceanic Assets pay dividends?
Tufton Oceanic Assets 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 Tufton Oceanic Assets pay dividends?
The general pattern is that Tufton Oceanic Assets pays dividends around January, April, 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 Tufton Oceanic Assets dividend safe?
The safety of Tufton Oceanic Assets'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 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.