Performance Shipping Inc. Common Shares (PSHG) Dividend History

Performance Shipping Inc. is a global maritime transportation company specializing in the transportation of drybulk cargoes. The company operates a fleet of modern vessels to serve the transportation needs of various commercial clients, providing freight services across key shipping routes worldwide.

Dividend History

Pay Date Amount Ex Dividend Date Record Date
November 09, 2020 $0.01 10/29/2020 10/30/2020
June 15, 2016 $0.00 05/26/2016 05/31/2016
March 30, 2016 $0.00 03/11/2016 03/15/2016
December 09, 2015 $0.00 11/20/2015 11/24/2015
September 09, 2015 $0.00 08/14/2015 08/18/2015
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Dividends Summary

  • Performance Shipping Inc. Common Shares has issued 21 dividend payments over the past 9 years
  • The most recent dividend was paid 1671 days ago, on November 9, 2020
  • The first recorded dividend was paid on August 25, 2011
  • The highest dividend payout was $0.30 per share
  • The average dividend over this 9 year span is $0.11 per share
  • Performance Shipping Inc. Common Shares has decreased its dividend payments by 66.67% since 2011

Company News

  • Performance Shipping Inc. is considering a five-year USD denominated senior unsecured bond issue to fund fleet expansion and renewal, as well as general corporate purposes. The bonds will be offered to qualified institutional buyers in the United States and non-U.S. persons outside the United States.

    GlobeNewswire Inc.
  • ATHENS, Greece, June 06, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Trafigura Maritime Logistics Pte Ltd ("Trafigura" or the "Charterer") for the 2010-built, 105,304 dwt LR2 Aframax tanker vessel, the M/T P. Aliki. The charter is for a minimum period of four and a half (4.5) months up to a maximum period of six (6) months and 25 days, at the option of the Charterer. The gross charter rate will be US$47,000 per day for the minimum period, and US$48,500 per day for the remaining period up to the maximum redelivery date. This charter is expected to commence on or around June 16, 2024, and is expected to generate approximately US$6.4 million in gross revenue for the minimum duration of the charter.

    GlobeNewswire Inc.
  • ATHENS, Greece, June 05, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aramco Trading Fujairah FZE (“Aramco” or the "Charterer") for the 2011-built, 104,588 dwt Aframax tanker vessel, the M/T Briolette. The gross charter rate will be US$41,000 per day for a period of twenty-four (24) months ± 30 days at the option of the Charterer. The charter commenced on June 2, 2024, in direct continuation of the previous charter, and is expected to generate approximately US$28.7 million in gross revenue for the minimum duration of the charter.

    GlobeNewswire Inc.
  • ATHENS, Greece, May 30, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $11.4 million and net income attributable to common stockholders of $11.0 million for the first quarter of 2024. The 2024 first quarter results compared to a net income of $15.7 million and net income attributable to common stockholders of $4.6 million for the same period in 2023. Earnings per share, basic and diluted, for the first quarter of 2024 were $0.89 and $0.29, respectively.

    GlobeNewswire Inc.
  • ATHENS, Greece, May 07, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has signed a shipbuilding contract with Jiangsu Yangzijiang Shipbuilding Group Co., Ltd., Jiangsu New Yangzi Shipbuilding Co., Ltd., and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., (collectively the "Seller") for the construction of a scrubber fitted 75,000 DWT LR1 chemical/product oil tanker for a contract price of US$54.1 million excluding extras and net of commission to third parties. 15% of the purchase price is payable upon receipt of a refund guarantee, expected to occur within 30 days; 10% of the purchase price is payable at each of the milestones of steel cutting, keel laying and launching of the vessel, and the remaining 55% of the purchase price is payable upon the vessel’s delivery. The Company expects to take delivery of the vessel by January 2027.

    GlobeNewswire Inc.
Dividend data last updated 06/07/2025 20:04:11 UTC