Okeanis Eco Tankers Corp.
ECOIndustrials · Stock · quarterly payer
Forward Yield
9.28%
Annual Dividend
$5.00
Payout Ratio
58%
5-Yr Growth
—
Ex-Date
May 28, 2026
Frequency
Quarterly
Summary
As of July 2026, Okeanis Eco Tankers Corp. (ECO) yields 9.28% ($5.00 per share annually), with a blended fair-value estimate of $39.72 — -26% downside, so it screens as overvalued. Dividend safety grade: D (48/100).
Is ECO a good dividend stock?
MixedOkeanis Eco Tankers Corp. (ECO) pays a quarterly dividend yielding 9.28% ($5.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (58%)
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 9.28%
- Payout Ratio
- 58%
- Annual Dividend
- $5.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $2.1B
- P/E Ratio
- 9.5
- 5-Yr Total Return
- —
- 52-Week Range
- $22.38 – $58.45
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
ECO Price — Last 12 Months
Daily close
Price Return
1 Year
+95%
3 Years
+114%
5 Years
—
52-Week Range
$22.38 – $58.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ECO worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Okeanis Eco Tankers Corp. is $39.72 per share, versus a market price of $53.88. That implies 26% of downside.
Fair Value
$39.72
Current Price
$53.88
Downside
-26%
Margin of Safety
-36%
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 9.4% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $5.69 EPS, $5.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ECO Dividend Safety Score
Risky
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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 27, 2026 | — | $2.0000 | regular |
| Mar 2, 2026 | — | $1.5500 | regular |
| Jun 2, 2025 | — | $0.3200 | regular |
| Feb 28, 2025 | — | $0.3500 | regular |
| Nov 15, 2024 | — | $0.4500 | regular |
| Aug 20, 2024 | — | $1.1000 | regular |
| Jun 4, 2024 | — | $1.1000 | regular |
| Mar 8, 2024 | — | $0.6600 | regular |
| Nov 14, 2023 | — | $0.6000 | regular |
| Aug 31, 2023 | — | $1.5000 | regular |
Income Calculator
At $5.00 / yr per share
