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Overseas Shipholding Group (Overseas Shipholding Group) Forward Dividend Yield % : 3.60% (As of May. 15, 2024)


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What is Overseas Shipholding Group Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Overseas Shipholding Group is 3.60%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Overseas Shipholding Group is 1.80%.

OSG's Forward Dividend Yield % is ranked worse than
61.13% of 494 companies
in the Oil & Gas industry
Industry Median: 4.325 vs OSG: 3.60

Overseas Shipholding Group's Dividends per Share for the three months ended in Mar. 2024 was $0.06.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Overseas Shipholding Group's Forward Dividend Yield %

For the Oil & Gas Midstream subindustry, Overseas Shipholding Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Overseas Shipholding Group's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Overseas Shipholding Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Overseas Shipholding Group's Forward Dividend Yield % falls into.



Overseas Shipholding Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Overseas Shipholding Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-03-272024-03-282024-04-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.0600002023-12-202023-12-212024-01-04Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Overseas Shipholding Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.24/6.69
=3.59 %

Current Share Price is $6.69.
Overseas Shipholding Group's Dividends per Share for the forward twelve months is calculated as $0.06 * 4 = $0.24.

Overseas Shipholding Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.12/6.69
=1.79 %

Current Share Price is $6.69.
Overseas Shipholding Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.12.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Overseas Shipholding Group  (NYSE:OSG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Overseas Shipholding Group Forward Dividend Yield % Related Terms

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Overseas Shipholding Group (Overseas Shipholding Group) Business Description

Traded in Other Exchanges
Address
302 Knights Run Avenue, Tampa, FL, USA, 33602
Overseas Shipholding Group Inc is a tanker company which owns and operates a fleet of oceangoing vessels. It provides energy transportation services, delivering crude oil and petroleum products in the U.S. The company owns and operates a combined fleet of approximately 21 vessels registered in the United States. The company operates in the segment of the U.S. Flag Fleet. Majority of the company's revenue is generated in the form of time charters.
Executives
Samuel H Norton director, officer: President and CEO 58 NE 44TH STREET, MIAMI FL 33133
Elaine Goodman Luria director 7421 GLENEAGLES RD, NORFOLK VA 23505
Douglas D Wheat director, other: Chairman of the Board C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Cyrus Capital Partners, L.p. director, 10 percent owner, other: SEE REMARKS 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Gary Eugene Taylor director 814 NORTH BEACH BLVD., BAY ST. LOUIS MS 39520
Julie Silcock director
Anja Manuel director C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVENUE, TAMPA FL 33602
Joseph Isaac Kronsberg director 233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Saltchuk Resources, Inc. 10 percent owner 450 ALASKAN WAY SOUTH, SUITE 708, SEATTLE WA 98104
Rebecca K Delaet director 34 BEACH AVENUE, LARCHMONT NY 10538
Ty Wallach director C/O PAULSON & CO INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
J Patrick Reddy director
Susan Allan officer: VP, General Counsel & Corp Sec 302 KNIGHTS RUN AVENUE, SUITE 1200, TAMPA FL 33602
Richard Trueblood officer: CFO 10812 BULLRUSH TERRACE, LAKEWOOD RANCH FL 34202