Euroseas Ltd.
ESEAIndustrials · Stock · quarterly payer
Forward Yield
4.19%
Annual Dividend
$3.20
Payout Ratio
18%
5-Yr Growth
—
Ex-Date
Sep 9, 2026
Frequency
Quarterly
Summary
As of September 2026, Euroseas Ltd. (ESEA) yields 4.19% ($3.20 per share annually), with a blended fair-value estimate of $90.56 — +19% upside, so it screens as undervalued. Dividend safety grade: C (63/100). 2 years of dividend growth.
Is ESEA a good dividend stock?
Yes, with caveatsEuroseas Ltd. (ESEA) pays a quarterly dividend yielding 4.19% ($3.20/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (18%)
- 179% total price return over 5 years
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 4.19%
- Payout Ratio
- 18%
- Annual Dividend
- $3.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 9, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.55
- Market Cap
- $538.7M
- P/E Ratio
- 3.9
- 5-Yr Total Return
- 179%
- 52-Week Range
- $51.00 – $79.67
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
ESEA Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+252%
5 Years
+179%
52-Week Range
$51.00 – $79.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ESEA worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Euroseas Ltd. is $90.56 per share, versus a market price of $76.35. That implies 19% of upside — a margin of safety of about 16%.
Fair Value
$90.56
Current Price
$76.35
Upside
+19%
Margin of Safety
16%
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 -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $19.51 EPS, $3.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ESEA 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 9, 2026 | — | $0.8000 | regular |
| Mar 10, 2026 | — | $0.7500 | regular |
| Dec 9, 2025 | — | $0.7000 | regular |
| Sep 9, 2025 | — | $0.7000 | regular |
| Jul 9, 2025 | — | $0.6500 | regular |
| Mar 11, 2025 | — | $0.5289 | regular |
| Dec 9, 2024 | — | $0.4882 | regular |
| Sep 9, 2024 | — | $0.4882 | regular |
| Jun 12, 2024 | — | $0.4882 | regular |
| Mar 7, 2024 | — | $0.4882 | regular |
| Dec 7, 2023 | — | $0.4068 | regular |
| Sep 7, 2023 | — | $0.4068 | regular |
| Jun 8, 2023 | — | $0.4068 | regular |
| Mar 8, 2023 | — | $0.4068 | regular |
Income Calculator
At $3.20 / yr per share
