
International Seaways, Inc.
INSWEnergy · Oil & Gas Midstream · Stock · quarterly payer
Forward Yield
7.38%
Annual Dividend
$8.18
Payout Ratio
25%
5-Yr Growth
64.9%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Key facts about INSW's dividend
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, International Seaways, Inc. (INSW) has a forward dividend yield of 7.38%, based on an annual dividend of $8.18 per share and a share price of $110.78.
- As of Oct 24, 2026, INSW's dividend safety grade from SmarterDividends is D (49 out of 100), which rates the dividend as unsafe.
- INSW last cut its regular dividend in 2025.
- INSW's most recent ex-dividend date was Sep 10, 2026, for a dividend of $5.05 per share.
- As of Oct 24, 2026, INSW pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- INSW's dividend has grown at an average rate of 64.9% a year over the past five years.
- As of Oct 24, 2026, INSW's 7.38% yield is 20% below its five-year average yield of 9.19%.
- As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for INSW is $91.36 per share, 18% below the $110.78 share price, so INSW screens as overvalued.
- International Seaways, Inc. (INSW) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "INSW Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/INSW
Summary
As of Oct 24, 2026, International Seaways, Inc. (INSW) yields 7.38% ($8.18 a year per share) and has a dividend safety grade of D (49/100).
Is INSW a good dividend stock?
MixedInternational Seaways, Inc. (INSW) pays a quarterly dividend yielding 7.38% ($8.18/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 (25%)
- Strong 64.9% 5-yr dividend growth
- 659% total price return over 5 years
Risks
- Cut its dividend in 2025
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.38%
- Payout Ratio
- 25%
- Annual Dividend
- $8.18
- 5-Yr Avg Growth
- 64.9%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.10
- Market Cap
- $5.7B
- P/E Ratio
- 7.1
- 5-Yr Total Return
- 659%
- 52-Week Range
- $46.09 – $126.27
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
INSW dividend changes
International Seaways, Inc. (INSW) pays a variable dividend: across the 28 payments on record since 2020, 8 were higher than the one before and 1 lower. The latest change was up 111.6% to $4.55 per share, going ex-dividend on Jun 12, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 12, 2026 | Higher | $2.15 → $4.55 | +111.6% |
| Mar 20, 2026 | Higher | $0.860 → $2.15 | +150.0% |
| Dec 9, 2025 | Higher | $0.770 → $0.860 | +11.7% |
| Sep 10, 2025 | Higher | $0.700 → $0.770 | +10.0% |
| Mar 14, 2025 | Lower | $1.32 → $0.700 | −47.0% |
| Mar 13, 2024 | Higher | $1.25 → $1.32 | +5.6% |
| Dec 12, 2023 | Higher | $1.12 → $1.25 | +11.6% |
| Dec 7, 2022 | Higher | $0.120 → $1.12 | +833.3% |
| Jun 16, 2022 | Higher | $0.0600 → $0.120 | +100.0% |
Frequently Asked Questions
Is INSW a good dividend stock?
Mixed. International Seaways, Inc. (INSW) pays a quarterly dividend yielding 7.38% ($8.18/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.
Is INSW undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, INSW's fair value is about $91.36 versus a $110.78 share price — so it looks overvalued (-18% vs. fair value).
Is INSW's dividend safe?
INSW has a dividend-safety grade of D (49/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is INSW's fair value?
Our blended fair-value estimate for INSW is about $91.36 per share, about 18% below the current $110.78 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is INSW a buy, hold, or sell?
We don't issue formal ratings, but on the data INSW screens as "mixed" and overvalued. International Seaways, Inc. (INSW) pays a quarterly dividend yielding 7.38% ($8.18/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. This is research for your own analysis, not investment advice.
Will INSW cut its dividend?
INSW earns a dividend-safety grade of D (49/100), 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 INSW pay a dividend?
Yes. International Seaways, Inc. pays a quarterly dividend of about $8.18 per share annually, a forward yield of roughly 7.38%.
What is INSW's dividend yield?
As of Oct 24, 2026, INSW's forward dividend yield is 7.38%, based on a $8.18 annual dividend and a $110.78 share price.
What is INSW's dividend per share?
As of Oct 24, 2026, INSW pays $8.18 per share per year, distributed on a quarterly basis.
What is INSW's dividend payout ratio?
As of Oct 24, 2026, INSW'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 INSW grown its dividend?
INSW does not currently have a long dividend-growth streak on record.
When is the next INSW ex-dividend date?
As of Oct 24, 2026, INSW's next ex-dividend date hasn't been announced. The most recent was Sep 10, 2026, for $5.05 per share.
INSW Price — Last 12 Months
Daily close
Price Return
1 Year
+109%
3 Years
+143%
5 Years
+659%
52-Week Range
$46.09 – $126.27
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is INSW worth?
Overvaluedmedium confidenceOur blended fair-value estimate for International Seaways, Inc. is $91.36 per share, versus a market price of $110.78. That implies 18% of downside.
Fair Value
$91.36
Current Price
$110.78
Downside
-18%
Margin of Safety
-21%
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 9.1% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $15.64 EPS, $8.18 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
INSW 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
Full INSW dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 10, 2026 | Sep 24, 2026 | $5.0500 | regular |
| Jun 12, 2026 | Jun 26, 2026 | $4.5500 | regular |
| Mar 20, 2026 | Mar 30, 2026 | $2.1500 | regular |
| Dec 9, 2025 | Dec 23, 2025 | $0.8600 | regular |
| Sep 10, 2025 | Sep 24, 2025 | $0.7700 | regular |
| Jun 12, 2025 | Jun 26, 2025 | $0.6000 | regular |
| Mar 14, 2025 | Mar 28, 2025 | $0.7000 | regular |
| Dec 13, 2024 | Dec 27, 2024 | $1.2000 | regular |
| Sep 11, 2024 | Sep 25, 2024 | $1.5000 | regular |
| Jun 12, 2024 | Jun 26, 2024 | $1.7500 | regular |
| Mar 13, 2024 | Mar 28, 2024 | $1.3200 | regular |
| Dec 12, 2023 | Dec 27, 2023 | $1.2500 | regular |
| Sep 12, 2023 | Sep 27, 2023 | $1.4200 | regular |
| Jun 13, 2023 | Jun 28, 2023 | $1.6200 | regular |
Income Calculator
At $8.18 / yr per share
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