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 semi annually dividend of kr3.00 per ordinary share which will be made payable on 2023-02-22. Ex dividend date: 2023-02-14
• Western Bulk Chartering annual dividend for 2023 was kr6.00
• Western Bulk Chartering's trailing twelve-month (TTM) dividend yield is -%
• Western Bulk Chartering's payout ratio for the trailing twelve months (TTM) is -2.05%
Western Bulk Chartering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-02-14 | kr3.00 | semi annually | 2023-02-22 |
2023-02-13 | kr3.00 | semi annually | |
2022-10-24 | kr3.00 | semi annually | 2022-11-02 |
2022-08-17 | kr3.85 | semi annually | 2022-08-25 |
2022-04-27 | kr4.24 | semi annually | 2022-05-05 |
2022-03-21 | kr17.23 | semi annually | 2022-03-29 |
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
Western Bulk Chartering Dividend FAQ
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.
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