Ardmore Shipping Corporation (ASC) Dividend
Dividend Analysis
Ardmore Shipping Corporation (ASC) currently pays a dividend yielding 16.37%, an indicated annual rate of roughly $3.28 per share. The payout ratio is 121.96%, meaning dividends paid exceeded reported earnings over the period. Free cash flow yield is 1.70%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.
Ardmore Shipping Corporation pays quarterly; the payout ratio of 122.0% means the dividend currently exceeds reported earnings, which a company can sustain for a time from cash reserves or borrowing but not indefinitely; free cash flow yield of 1.70% is below the 16.37% dividend yield, so the dividend is not fully covered by free cash flow at the current price.
Payment schedule
Dividend income by amount invested
At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.
Yield across the 52-week range
Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.
Dividend yield against peers
Ardmore Shipping Corporation ranks 2 of 6 by dividend yield among these companies; 1 yields more.
Ardmore Shipping Corporation (ASC) dividend — frequently asked questions
Does Ardmore Shipping Corporation (ASC) pay a dividend?
Yes. Ardmore Shipping Corporation (ASC) pays a dividend yielding 16.37%, an indicated annual rate of about $3.28 per share.
What is ASC's dividend payout ratio?
The payout ratio is 121.96%, meaning dividends paid exceeded reported earnings over the period. The payout ratio is dividends paid divided by reported net income.
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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.