Eagle Bulk Shipping Inc. (EGLE) Dividends
EGLE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $62.60 | $179.41 | 174.25% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Eagle Bulk Shipping Inc, the DDM model generated by StockNews estimates a return of positive 174.25% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Eagle Bulk Shipping Inc are:
- Compared to other US stocks that pay a dividend, Eagle Bulk Shipping Inc produces a dividend yield 12.53% -- which falls in the top 1.22%.
- In comparison to other US listed dividend yielding stocks in the Industrials sector, Eagle Bulk Shipping Inc's expected return of 174.25% is higher than 90.87% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, EGLE has a discount rate lower than 90.87% of them (a lower discount rate is associated with lower risk).
- As other dividend issuers in the Industrials sector, EGLE's equity discount rate is less than 76.09% of those stocks.
EGLE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-12 | Dividend | $0.60 | +500.00% |
| 2023-11-13 | Dividend | $0.10 | -82.76% |
| 2023-08-15 | Dividend | $0.58 | +480.00% |
| 2023-05-16 | Dividend | $0.10 | -83.33% |
| 2023-03-14 | Dividend | $0.60 | -66.67% |
| 2022-11-14 | Dividend | $1.80 | -18.18% |
| 2022-08-15 | Dividend | $2.20 | +10.00% |
| 2022-05-13 | Dividend | $2.00 | -2.44% |
| 2022-03-14 | Dividend | $2.05 | +2.50% |
| 2021-11-12 | Dividend | $2.00 | +300.00% |
| 2020-09-15 | Split | 1-7-for-1 Stock Split | N/A% |
| 2016-08-05 | Split | 1-20-for-1 Stock Split | N/A% |
| 2014-10-16 | Split | 1-18-for-1 Stock Split | N/A% |
| 2012-05-23 | Split | 1-4-for-1 Stock Split | N/A |
| 2008-11-18 | Dividend | $0.50 | -- |
| 2008-08-18 | Dividend | $0.50 | -- |
| 2008-05-16 | Dividend | $0.50 | -- |
| 2008-03-11 | Dividend | $0.50 | -- |
| 2007-11-19 | Dividend | $0.50 | +6.38% |
| 2007-07-30 | Dividend | $0.47 | -6.00% |
| 2007-04-26 | Dividend | $0.50 | -1.96% |
| 2007-02-26 | Dividend | $0.51 | -- |
| 2006-10-26 | Dividend | $0.51 | +2.00% |
| 2006-07-26 | Dividend | $0.50 | -- |
| 2006-04-26 | Dividend | $0.50 | -12.28% |
| 2006-02-13 | Dividend | $0.57 | +5.56% |
| 2005-10-13 | Dividend | $0.54 | -- |
EGLE Dividends vs. Peers
EGLE's dividend yield currently ranks #13 of 62 vs. its peers in the Shipping category.