Ardmore Shipping Corporation
ASCIndustrials · Stock · quarterly payer
Forward Yield
7.58%
Annual Dividend
$1.37
Payout Ratio
25%
5-Yr Growth
5.9%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Summary
As of September 2026, Ardmore Shipping Corporation (ASC) yields 7.58% ($1.37 per share annually), with a blended fair-value estimate of $33.65 — +94% upside, so it screens as undervalued. Dividend safety grade: D (47/100).
Is ASC a good dividend stock?
MixedArdmore Shipping Corporation (ASC) pays a quarterly dividend yielding 7.58% ($1.37/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (25%)
- Strong 5.9% 5-yr dividend growth
- 318% total price return over 5 years
Risks
- Cut its dividend in 2025
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.58%
- Payout Ratio
- 25%
- Annual Dividend
- $1.37
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.03
- Market Cap
- $736.2M
- P/E Ratio
- 7.0
- 5-Yr Total Return
- 318%
- 52-Week Range
- $10.31 – $20.03
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
ASC Price — Last 12 Months
Daily close
Price Return
1 Year
+46%
3 Years
+33%
5 Years
+318%
52-Week Range
$10.31 – $20.03
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ASC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Ardmore Shipping Corporation is $33.65 per share, versus a market price of $17.36. That implies 94% of upside — a margin of safety of about 48%.
Fair Value
$33.65
Current Price
$17.36
Upside
+94%
Margin of Safety
48%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.53 EPS, $1.37 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ASC Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | — | $0.7900 | regular |
| May 29, 2026 | — | $0.3900 | regular |
| Feb 27, 2026 | — | $0.0900 | regular |
| Aug 29, 2025 | — | $0.0700 | regular |
| May 30, 2025 | — | $0.0500 | regular |
| Feb 28, 2025 | — | $0.0800 | regular |
| Nov 29, 2024 | — | $0.1800 | regular |
| Aug 30, 2024 | — | $0.3800 | regular |
| May 31, 2024 | — | $0.3100 | regular |
| Feb 28, 2024 | — | $0.2100 | regular |
| Nov 29, 2023 | — | $0.1600 | regular |
| Aug 30, 2023 | — | $0.1900 | regular |
| May 30, 2023 | — | $0.3500 | regular |
| Feb 27, 2023 | — | $0.4500 | regular |
Income Calculator
At $1.37 / yr per share
