
Seanergy Maritime Holdings Corp
SHIPIndustrials · Marine Shipping · Stock · quarterly payer
Forward Yield
8.80%
Annual Dividend
$1.40
Payout Ratio
20%
5-Yr Growth
—
Ex-Date
Sep 25, 2026
Frequency
Quarterly
Key facts about SHIP's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Seanergy Maritime Holdings Corp (SHIP) has a forward dividend yield of 8.80%, based on an annual dividend of $1.40 per share and a share price of $15.91.
- As of Oct 27, 2026, SHIP's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
- SHIP last cut its regular dividend in 2025.
- SHIP's most recent ex-dividend date was Sep 25, 2026, for a dividend of $0.35 per share.
- As of Oct 27, 2026, SHIP pays out 20% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 27, 2026, SHIP's 8.80% yield is 17% above its five-year average yield of 7.52%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for SHIP is $16.00 per share, 1% above the $15.91 share price, so SHIP screens as fairly valued.
- Seanergy Maritime Holdings Corp (SHIP) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "SHIP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/SHIP
Summary
As of Oct 27, 2026, Seanergy Maritime Holdings Corp (SHIP) yields 8.80% ($1.40 a year per share) and has a dividend safety grade of C (52/100).
Is SHIP a good dividend stock?
MixedSeanergy Maritime Holdings Corp (SHIP) pays a quarterly dividend yielding 8.80% ($1.40/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 (20%)
- 66% total price return over 5 years
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.80%
- Payout Ratio
- 20%
- Annual Dividend
- $1.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 25, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.08
- Market Cap
- $344.7M
- P/E Ratio
- 5.5
- 5-Yr Total Return
- 66%
- 52-Week Range
- $8.16 – $19.22
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
SHIP dividend changes
Seanergy Maritime Holdings Corp (SHIP) pays a variable dividend: across the 21 payments on record since 2008, 6 were higher than the one before and 3 lower. The latest change was up 75.0% to $0.350 per share, going ex-dividend on Sep 25, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 25, 2026 | Higher | $0.200 → $0.350 | +75.0% |
| Mar 27, 2026 | Higher | $0.130 → $0.200 | +53.8% |
| Dec 29, 2025 | Higher | $0.0500 → $0.130 | +160.0% |
| Jun 27, 2025 | Lower | $0.100 → $0.0500 | −50.0% |
| Mar 27, 2025 | Lower | $0.250 → $0.100 | −60.0% |
| Sep 27, 2024 | Higher | $0.150 → $0.250 | +66.7% |
| Jun 25, 2024 | Higher | $0.100 → $0.150 | +50.0% |
| Mar 22, 2024 | Higher | $0.0250 → $0.100 | +300.0% |
| Mar 30, 2023 | Lower | $0.250 → $0.0250 | −90.0% |
Frequently Asked Questions
Is SHIP a good dividend stock?
Mixed. Seanergy Maritime Holdings Corp (SHIP) pays a quarterly dividend yielding 8.80% ($1.40/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 SHIP undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SHIP's fair value is about $16.00 versus a $15.91 share price — so it looks fairly valued (+1% vs. fair value).
Is SHIP's dividend safe?
SHIP has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is SHIP's fair value?
Our blended fair-value estimate for SHIP is about $16.00 per share, roughly 1% above the current $15.91 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SHIP a buy, hold, or sell?
We don't issue formal ratings, but on the data SHIP screens as "mixed" and fairly valued. Seanergy Maritime Holdings Corp (SHIP) pays a quarterly dividend yielding 8.80% ($1.40/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 SHIP cut its dividend?
SHIP earns a dividend-safety grade of C (52/100), 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 SHIP pay a dividend?
Yes. Seanergy Maritime Holdings Corp pays a quarterly dividend of about $1.40 per share annually, a forward yield of roughly 8.80%.
What is SHIP's dividend yield?
As of Oct 27, 2026, SHIP's forward dividend yield is 8.80%, based on a $1.40 annual dividend and a $15.91 share price.
What is SHIP's dividend per share?
As of Oct 27, 2026, SHIP pays $1.40 per share per year, distributed on a quarterly basis.
What is SHIP's dividend payout ratio?
As of Oct 27, 2026, SHIP's payout ratio is 20% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SHIP grown its dividend?
SHIP does not currently have a long dividend-growth streak on record.
When is the next SHIP ex-dividend date?
As of Oct 27, 2026, SHIP's next ex-dividend date hasn't been announced. The most recent was Sep 25, 2026, for $0.35 per share.
SHIP Price — Last 12 Months
Daily close
Price Return
1 Year
+49%
3 Years
+117%
5 Years
+66%
52-Week Range
$8.16 – $19.22
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHIP worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Seanergy Maritime Holdings Corp is $16.00 per share, versus a market price of $15.91. That implies the stock is roughly fairly priced.
Fair Value
$16.00
Current Price
$15.91
Gap
+1%
Margin of Safety
1%
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.
At today's price, the market is pricing in about 19.7% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.7% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.78 EPS, $1.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHIP 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 SHIP dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 25, 2026 | Oct 9, 2026 | $0.3500 | regular |
| Jun 29, 2026 | Jul 10, 2026 | $0.2000 | regular |
| Mar 27, 2026 | Apr 10, 2026 | $0.2000 | regular |
| Dec 29, 2025 | Jan 9, 2026 | $0.1300 | regular |
| Sep 29, 2025 | Oct 10, 2025 | $0.0500 | regular |
| Jun 27, 2025 | Jul 10, 2025 | $0.0500 | regular |
| Mar 27, 2025 | Apr 10, 2025 | $0.1000 | regular |
| Dec 27, 2024 | Jan 10, 2025 | $0.2600 | regular |
| Sep 27, 2024 | Oct 10, 2024 | $0.2500 | regular |
| Jun 25, 2024 | Jul 10, 2024 | $0.1500 | regular |
| Mar 22, 2024 | Apr 10, 2024 | $0.1000 | regular |
| Dec 21, 2023 | Jan 10, 2024 | $0.0250 | regular |
| Sep 21, 2023 | Oct 6, 2023 | $0.0250 | regular |
| Jun 21, 2023 | Jul 6, 2023 | $0.0250 | regular |
Income Calculator
At $1.40 / yr per share
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