Belships ASA (OSL:BELCO) Dividend Payout Ratio : 0.94 (As of Mar. 2024)

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What is Belships ASA Dividend Payout Ratio?

Belships ASA's dividend payout ratio for the months ended in Mar. 2024 was 0.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Belships ASA is 1.02, which seems too high.

The historical rank and industry rank for Belships ASA's Dividend Payout Ratio or its related term are showing as below:

OSL:BELCO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.32 Max: 1.02
Current: 1.02

During the past 13 years, the highest Dividend Payout Ratio of Belships ASA was 1.02. The lowest was 0.06. And the median was 0.32.

OSL:BELCO's Dividend Payout Ratio is ranked worse than
88.7% of 531 companies
in the Transportation industry
Industry Median: 0.4 vs OSL:BELCO: 1.02

As of today (2024-05-25), the Dividend Yield % of Belships ASA is 9.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Belships ASA was 24.39%. The lowest was 0.69%. And the median was 2.08%.

Belships ASA's Dividends per Share for the months ended in Mar. 2024 was kr0.60.

During the past 12 months, Belships ASA's average Dividends Per Share Growth Rate was -30.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Belships ASA was 313.60% per year. The lowest was -31.50% per year. And the median was 107.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Belships ASA Dividend Payout Ratio Historical Data

The historical data trend for Belships ASA's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Belships ASA Dividend Payout Ratio Chart

Belships ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.30

0.73

0.89

Belships ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.81	0.89	0.96	1.78	0.94

Competitive Comparison of Belships ASA's Dividend Payout Ratio

For the Marine Shipping subindustry, Belships ASA's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Belships ASA's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Belships ASA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Belships ASA's Dividend Payout Ratio falls into.

Belships ASA Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Belships ASA's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.468	/	2.769
	=	0.89

Belships ASA's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.601	/	0.637
	=	0.94

Belships ASA (OSL:BELCO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Belships ASA Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Belships ASA's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Belships ASA (OSL:BELCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Belships ASA (OSL:BELCO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BELO:Sweden NS6:Germany

Address

Lilleakerveien 6D, 7th floor, Oslo, NOR, N-0283

Website

https://www.belships.com

Belships ASA is a fully integrated owner and operator of dry bulk ships. The company also provides commercial and technical ship management services. The Group is divided into the operating segments of dry bulk and technical management. The dry bulk segment is further divided into 2 reportable segments: own ships (owned or leased) and ships operating in the spot market and operation/commercial management. The operating segments have worldwide activities. Shipping, in general, offers a global service covering major global trade routes.

Belships ASA (OSL:BELCO) Headlines

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