Is Ardmore Shipping Corporation a good investment? Ardmore Shipping Corporation (A61.F) is currently trading at 16.61 EUR. Market analysts have a consensus price target of 5.80 EUR. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 5.56. This relatively low multiple may signal that Ardmore Shipping Corporation is undervalued compared to historical market norms.
For income investors, Ardmore Shipping Corporation pays a dividend yield of 8.22%. With a payout ratio of 25%, the dividend appears sustainable.
Yes, it pays an annual dividend of 1.41 EUR (8.22% yield).
Ardmore Shipping Corporation is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.
| Year | Total Dividends |
|---|---|
| ▸2024 |
0.52 EUR
|
| May 31, 2024 | 0.3100 |
| Feb. 28, 2024 | 0.2100 |
| ▸2023 |
1.15 EUR
|
| Nov. 29, 2023 | 0.1600 |
| Aug. 30, 2023 | 0.1900 |
| May 30, 2023 | 0.3500 |
| Feb. 27, 2023 | 0.4500 |
| ▸2020 |
0.05 EUR
|
| Feb. 20, 2020 | 0.0500 |
| ▸2016 |
0.40 EUR
|
| Aug. 12, 2016 | 0.1100 |
| May 12, 2016 | 0.1600 |
| Feb. 11, 2016 | 0.1300 |
| ▸2015 |
0.61 EUR
|
| Nov. 4, 2015 | 0.3100 |
| July 29, 2015 | 0.1000 |
| April 28, 2015 | 0.1000 |
| Jan. 28, 2015 | 0.1000 |
| ▸2014 |
0.40 EUR
|
| Oct. 29, 2014 | 0.1000 |
| July 29, 2014 | 0.1000 |
| April 28, 2014 | 0.1000 |
| Jan. 29, 2014 | 0.1000 |
| ▸2013 |
0.07 EUR
|
| Nov. 6, 2013 | 0.0660 |
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