Ardmore Shipping Corporation
ASCIndustrials · Marine Shipping · Stock · quarterly payer
Forward Yield
6.62%
Annual Dividend
$1.37
Payout Ratio
25%
5-Yr Growth
5.9%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Key facts about ASC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Ardmore Shipping Corporation (ASC) has a forward dividend yield of 6.62%, based on an annual dividend of $1.37 per share and a share price of $20.70.
- As of Oct 27, 2026, ASC's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
- ASC last cut its regular dividend in 2025.
- ASC's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.79 per share.
- As of Oct 27, 2026, ASC pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- ASC's dividend has grown at an average rate of 5.9% a year over the past five years.
- As of Oct 27, 2026, ASC's 6.62% yield is 21% above its five-year average yield of 5.46%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for ASC is $32.72 per share, 58% above the $20.70 share price, so ASC screens as undervalued.
- Ardmore Shipping Corporation (ASC) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "ASC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/ASC
Summary
As of Oct 27, 2026, Ardmore Shipping Corporation (ASC) yields 6.62% ($1.37 a year per share) and has a dividend safety grade of C (50/100).
Is ASC a good dividend stock?
MixedArdmore Shipping Corporation (ASC) pays a quarterly dividend yielding 6.62% ($1.37/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (25%)
- Strong 5.9% 5-yr dividend growth
- 446% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 6.62%
- Payout Ratio
- 25%
- Annual Dividend
- $1.37
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.09
- Market Cap
- $844.6M
- P/E Ratio
- 8.1
- 5-Yr Total Return
- 446%
- 52-Week Range
- $10.31 – $20.60
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2025)
ASC dividend changes
Ardmore Shipping Corporation (ASC) pays a variable dividend: across the 27 payments on record since 2013, 8 were higher than the one before and 5 lower. The latest change was up 333.3% to $0.390 per share, going ex-dividend on May 29, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 29, 2026 | Higher | $0.0900 → $0.390 | +333.3% |
| Feb 27, 2026 | Higher | $0.0700 → $0.0900 | +28.6% |
| Aug 29, 2025 | Higher | $0.0500 → $0.0700 | +40.0% |
| May 30, 2025 | Lower | $0.0800 → $0.0500 | −37.5% |
| Feb 28, 2025 | Lower | $0.180 → $0.0800 | −55.6% |
| Nov 29, 2024 | Lower | $0.380 → $0.180 | −52.6% |
| Aug 30, 2024 | Higher | $0.310 → $0.380 | +22.6% |
| May 31, 2024 | Higher | $0.210 → $0.310 | +47.6% |
| Feb 28, 2024 | Higher | $0.190 → $0.210 | +10.5% |
| Aug 30, 2023 | Lower | $0.350 → $0.190 | −45.7% |
| Aug 12, 2016 | Lower | $0.130 → $0.110 | −15.4% |
| Feb 10, 2016 | Higher | $0.100 → $0.130 | +30.0% |
Frequently Asked Questions
Is ASC a good dividend stock?
Mixed. Ardmore Shipping Corporation (ASC) pays a quarterly dividend yielding 6.62% ($1.37/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is ASC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ASC's fair value is about $32.72 versus a $20.70 share price — so it looks undervalued (+58% vs. fair value).
Is ASC's dividend safe?
ASC has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is ASC's fair value?
Our blended fair-value estimate for ASC is about $32.72 per share, roughly 58% above the current $20.70 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ASC a buy, hold, or sell?
We don't issue formal ratings, but on the data ASC screens as "mixed" and undervalued. Ardmore Shipping Corporation (ASC) pays a quarterly dividend yielding 6.62% ($1.37/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will ASC cut its dividend?
ASC earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ASC pay a dividend?
Yes. Ardmore Shipping Corporation pays a quarterly dividend of about $1.37 per share annually, a forward yield of roughly 6.62%.
What is ASC's dividend yield?
As of Oct 27, 2026, ASC's forward dividend yield is 6.62%, based on a $1.37 annual dividend and a $20.70 share price.
What is ASC's dividend per share?
As of Oct 27, 2026, ASC pays $1.37 per share per year, distributed on a quarterly basis.
What is ASC's dividend payout ratio?
As of Oct 27, 2026, ASC's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ASC grown its dividend?
ASC does not currently have a long dividend-growth streak on record.
When is the next ASC ex-dividend date?
As of Oct 27, 2026, ASC's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.79 per share.
ASC Price — Last 12 Months
Daily close
Price Return
1 Year
+64%
3 Years
+47%
5 Years
+446%
52-Week Range
$10.31 – $20.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ASC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Ardmore Shipping Corporation is $32.72 per share, versus a market price of $20.70. That implies 58% of upside — a margin of safety of about 37%.
Fair Value
$32.72
Current Price
$20.70
Upside
+58%
Margin of Safety
37%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $2.57 EPS, $1.37 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ASC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ASC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | Sep 15, 2026 | $0.7900 | regular |
| May 29, 2026 | Jun 12, 2026 | $0.3900 | regular |
| Feb 27, 2026 | Mar 13, 2026 | $0.0900 | regular |
| Aug 29, 2025 | Sep 12, 2025 | $0.0700 | regular |
| May 30, 2025 | Jun 13, 2025 | $0.0500 | regular |
| Feb 28, 2025 | Mar 14, 2025 | $0.0800 | regular |
| Nov 29, 2024 | Dec 13, 2024 | $0.1800 | regular |
| Aug 30, 2024 | Sep 13, 2024 | $0.3800 | regular |
| May 31, 2024 | Jun 14, 2024 | $0.3100 | regular |
| Feb 28, 2024 | Mar 15, 2024 | $0.2100 | regular |
| Nov 29, 2023 | Dec 15, 2023 | $0.1600 | regular |
| Aug 30, 2023 | Sep 15, 2023 | $0.1900 | regular |
| May 30, 2023 | Jun 15, 2023 | $0.3500 | regular |
| Feb 27, 2023 | Mar 15, 2023 | $0.4500 | regular |
Income Calculator
At $1.37 / yr per share
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