Pacific Basin Shipping (PCFBF) Dividends
Market Cap: $1.07B
Avg Volume: 269
Industry: Marine Shipping
Sector: Industrials
Dividend Overview
Pacific Basin Shipping (PCFBF) pays an dividend to its shareholders. The current dividend yield is 5.63%, which means that for every $100 invested at the current price, investors would receive approximately $5.63 in dividends per year (this can change based on future dividend payments and price movements).
About PCFBF's Dividend
Pacific Basin Shipping pays a none dividend. The total annual dividend is approximately $0.01 per share, meaning for each share you own, you'll receive about $0.01 in dividends over the course of a year.
The most recent ex-dividend date was May 02, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Pacific Basin Shipping's payout ratio is 0.50% which means that 0.50% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Pacific Basin Shipping's dividend has grown by 0.70% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
PCFBF Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.00657135 | 5.63% | May 02, 2025 | May 06, 2025 | May 16, 2025 | |
| $0.00525948 | 4.48% | August 21, 2024 | August 22, 2024 | September 04, 2024 | |
| $0.0072789 | 5.20% | April 25, 2024 | April 26, 2024 | May 09, 2024 | |
| $0.0083122 | 15.34% | August 11, 2023 | August 14, 2023 | August 25, 2023 | |
| $0.0331136 | 23.11% | April 25, 2023 | April 26, 2023 | May 09, 2023 | |
| $0.066248 | 31.02% | August 10, 2022 | August 11, 2022 | August 24, 2022 | |
| $0.076458 | 14.99% | April 21, 2022 | April 22, 2022 | May 05, 2022 | |
| $0.01799868 | 3.75% | August 11, 2021 | August 12, 2021 | August 25, 2021 | |
| $0.00270954 | 2.08% | April 17, 2020 | April 20, 2020 | May 05, 2020 | |
| $0.00471707 | 2.25% | April 23, 2019 | April 24, 2019 | May 07, 2019 | |
| $0.00318479 | 1.18% | August 09, 2018 | August 10, 2018 | August 22, 2018 | |
| $0.006 | 1.65% | April 27, 2015 | |||
| $0.006 | 1.05% | April 23, 2014 | |||
| $0.05 | 8.62% | April 24, 2013 | |||
| $0.05 | 18.52% | April 24, 2012 | |||
| $0.05 | 48.86% | August 16, 2011 | |||
| $0.165 | 34.13% | April 13, 2011 | |||
| $0.05 | 28.99% | August 16, 2010 | |||
| $0.15 | 20.00% | April 16, 2010 | |||
| $0.08 | 10.81% | August 24, 2009 |
Dividend Growth
Pacific Basin Shipping (PCFBF) dividend payments have grown 69.80% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for PCFBF
- Dividend Payout Ratio: 0.50% Low risk
- Dividend & Capex Coverage Ratio: 1.59x Strong coverage
- Dividend Frequency: None
- Recent Dividend Growth: 0.70% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Pacific Basin Shipping's payout ratio is 0.50% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.59x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Pacific Basin Shipping can comfortably cover its dividends and necessary investments from its operating cash flow.
Pacific Basin Shipping's dividend growth rate of 0.70% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.