International Seaways, Inc. (INSW) Dividends
Dividend Yield and Dividend History Highlights
- INSW has issued more total dividends (as measured in absolute US dollars) over the past six years than 5.72% of other US stocks currently paying dividends.
- As for its free cash flow/dividend ratio, INSW's comes in at -28.48 -- better than 5.27% of other US-listed dividend issuers.
- As for stocks whose price is uncorrelated with INSW's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: NNA, PRPL, JKHY, FDS and SPNS.
INSW Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $32.53 | $40.35 | 137.64% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for INSW, the DDM model, as implemented by StockNews, implies a positive return of 137.64% relative to its current price. Digging deeper, the aspects of International Seaways Inc's dividend discount model that we found most interesting were:
- Given its market cap of around 836 million US dollars, its dividend yield of 1.41 is greater than merely 18.25% of its fellow stocks in the small market cap class.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, the expected return of 137.64%, based on the stock's current share price and target price based on a dividend discount model, is greater than 88.7% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, INSW has a discount rate lower than 88.7% of them (a lower discount rate is associated with lower risk).
- Amongst its dividend-issuing peers in the small-sized market cap category, INSW's beta -- a measure of volatility relative to the market at large -- is lower than merely 15.83% of them.
INSW Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-13 | Dividend | $1.20 | -20.00% |
| 2024-09-11 | Dividend | $1.50 | -14.29% |
| 2024-06-12 | Dividend | $1.75 | +32.58% |
| 2024-03-13 | Dividend | $1.32 | +5.60% |
| 2023-12-12 | Dividend | $1.25 | -11.97% |
| 2023-09-12 | Dividend | $1.42 | -12.35% |
| 2023-06-13 | Dividend | $1.62 | -19.00% |
| 2023-03-13 | Dividend | $2.00 | +78.57% |
| 2022-12-07 | Dividend | $1.12 | +833.33% |
| 2022-09-13 | Dividend | $0.12 | -- |
| 2022-06-16 | Dividend | $0.12 | +100.00% |
| 2022-03-11 | Dividend | $0.06 | -- |
| 2021-12-08 | Dividend | $0.06 | -- |
| 2021-09-08 | Dividend | $0.06 | -94.64% |
| 2021-07-14 | Dividend | $1.12 | +1,766.67% |
| 2021-06-11 | Dividend | $0.06 | -- |
| 2021-03-10 | Dividend | $0.06 | -- |
| 2020-12-07 | Dividend | $0.06 | -- |
| 2020-09-08 | Dividend | $0.06 | -- |
| 2020-06-05 | Dividend | $0.06 | -- |
| 2020-03-16 | Dividend | $0.06 | -- |
INSW Dividends vs. Peers
INSW's dividend yield currently ranks #26 of 64 vs. its peers in the Shipping category.