Wisdom Marine Lines Co., Limited, together with its subsidiaries, primarily provides marine cargo transportation services in the Netherlands, Japan, Singapore, Denmark, Hong Kong, and internationally. It also offers vessel management and maintenance, vessel chartering, vessel leasing, and shipping agency and management services. The company acquires, operates, and manages dry bulk vessels with a focus on the handysize sector. It operates a fleet of 129 vessels that include bulk carriers, log carriers, tween-deckrs, multi-purpose vessels, RORO ships, and container ships of various sizes. Wisdom Marine Lines Co., Limited was founded in 1999 and is headquartered in Grand Cayman, the Cayman Islands.
Wisdom Marine Lines Dividend Announcement
• Wisdom Marine Lines announced a annually dividend of NT$2.75 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-06-28
• Wisdom Marine Lines annual dividend for 2024 was NT$2.75
• Wisdom Marine Lines annual dividend for 2023 was NT$6.50
• Wisdom Marine Lines's trailing twelve-month (TTM) dividend yield is 119.16%
• Wisdom Marine Lines's dividend growth over the last five years (2018-2023) was 46.15% year
• Wisdom Marine Lines's dividend growth over the last ten years (2013-2023) was 15.81% year
Wisdom Marine Lines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | NT$2.75 | annually | 2024-07-29 |
2023-05-30 | NT$6.50 | annually | 2023-06-28 |
2022-06-08 | NT$5.50 | annually | 2022-07-01 |
2021-07-19 | NT$1.50 | annually | 2021-08-13 |
2020-07-06 | NT$1.42 | annually | 2020-07-31 |
2019-07-26 | NT$1.47 | annually | 2019-08-28 |
2018-09-12 | NT$0.97 | annually | 2018-10-08 |
2017-07-21 | NT$0.97 | annually | 2017-08-25 |
2016-06-27 | NT$2.30 | annually | |
2015-06-26 | NT$2.69 | annually | |
2014-07-25 | NT$1.84 | annually | |
2013-08-14 | NT$1.50 | annually |
Wisdom Marine Lines Dividend per year
Wisdom Marine Lines Dividend growth
Wisdom Marine Lines Dividend Yield
Wisdom Marine Lines current trailing twelve-month (TTM) dividend yield is 119.16%. Interested in purchasing Wisdom Marine Lines stock? Use our calculator to estimate your expected dividend yield:
Wisdom Marine Lines Financial Ratios
Wisdom Marine Lines Dividend FAQ
Other factors to consider when evaluating Wisdom Marine Lines 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: Wisdom Marine Lines'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, Wisdom Marine Lines 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, Wisdom Marine Lines 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 Wisdom Marine Lines 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: Wisdom Marine Lines 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, Wisdom Marine Lines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wisdom Marine Lines 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 Wisdom Marine Lines'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 Wisdom Marine Lines'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.