Performance Shipping Inc. Common Shares
PSHGPerformance 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-Date | Record Date |
|---|---|---|---|
| November 9, 2020 | $0.01 | 2020-10-29 | 2020-10-30 |
| June 15, 2016 | $0.00 | 2016-05-26 | 2016-05-31 |
| March 30, 2016 | $0.00 | 2016-03-11 | 2016-03-15 |
| December 9, 2015 | $0.00 | 2015-11-20 | 2015-11-24 |
| September 9, 2015 | $0.00 | 2015-08-14 | 2015-08-18 |
Dividends Summary
- Consistent Payer: Performance Shipping Inc. Common Shares has rewarded shareholders with 21 dividend payments over the past 9 years.
- Total Returned Value: Investors who held PSHG shares during this period received a total of $2.31 per share in dividend income.
- Latest Payout: The most recent dividend of $0.01/share was paid 1901 days ago, on November 9, 2020.
- Yield & Schedule: PSHG currently pays dividends quarterly with an annual yield of 0.86%.
- Dividend Growth: Since 2011, the dividend payout has decreased by 66.7%, from $0.03 to $0.01.
- Dividend Reliability: PSHG has maintained or increased its dividend for 9 consecutive payments.
Company News
Performance Shipping Inc. successfully placed $100 million in bonds in the Nordic market, maturing in July 2029 with a 9.875% fixed coupon. The bonds are secured by first priority mortgages on two unencumbered tanker vessels and will be used for tanker acquisitions or bond repurchases.
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.
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 ("...
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�...
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 20...
