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Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It charters and operates dry bulk vessels for the transportation of minerals, timber, cement, bauxite, steel products, grains, coal, and others; and operates chartered-in fleet of 110-150 vessels, including time charter trip vessels and period vessels. It operates in the Far East, Europe, India, North America, South America, Africa, and the Middle East. The company was incorporated in 1982 and is headquartered in Oslo, Norway. Western Bulk Chartering AS is a subsidiary of Kistefos AS.

Western Bulk Chartering Dividend Announcement

Western Bulk Chartering announced a annually dividend of kr3.00 per ordinary share which will be made payable on 2023-02-22. Ex dividend date: 2023-02-13
Western Bulk Chartering annual dividend for 2023 was kr3.00
Western Bulk Chartering's trailing twelve-month (TTM) dividend yield is -%
Western Bulk Chartering's payout ratio for the trailing twelve months (TTM) is -2.09%

Western Bulk Chartering Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-02-13kr3.00annually2023-02-22
2022-10-24kr3.00annually2022-11-02
2022-08-17kr3.85annually2022-08-25
2022-04-27kr4.24annually2022-05-05
2022-03-21kr17.23annually2022-03-29

Western Bulk Chartering Dividend per year

Western Bulk Chartering Dividend Yield

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

Western Bulk Chartering Financial Ratios

P/E ratio-5.85
PEG ratio-0.65
P/B ratio0.88
ROE-15.42%
Payout ratio-2.09%
Current ratio1.86
Quick ratio1.07
Cash Ratio0.00

Western Bulk Chartering Dividend FAQ

Does Western Bulk Chartering stock pay dividends?
Western Bulk Chartering does not currently pay dividends to its shareholders.
Has Western Bulk Chartering ever paid a dividend?
No, Western Bulk Chartering has no a history of paying dividends to its shareholders. Western Bulk Chartering is not known for its dividend payments.
Why doesn't Western Bulk Chartering pay dividends?
There are several potential reasons why Western Bulk Chartering would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Western Bulk Chartering ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Western Bulk Chartering has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Western Bulk Chartering a dividend aristocrat?
Western Bulk Chartering is not considered a Dividend Aristocrat. 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 Western Bulk Chartering a dividend king?
Western Bulk Chartering is not classified as a "Dividend King". 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 Western Bulk Chartering a dividend stock?
No, Western Bulk Chartering is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Western Bulk Chartering stocks?
To buy Western Bulk Chartering 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Western Bulk Chartering 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.