
Himalaya Shipping Ltd.
HSHPIndustrials · Stock · monthly payer
Forward Yield
14.96%
Annual Dividend
$2.64
Payout Ratio
101%
5-Yr Growth
—
Ex-Date
Aug 20, 2026
Frequency
Monthly
Summary
As of September 2026, Himalaya Shipping Ltd. (HSHP) yields 14.96% ($2.64 per share annually), with a blended fair-value estimate of $22.40 — +34% upside, so it screens as undervalued. Dividend safety grade: F (23/100).
Is HSHP a good dividend stock?
Higher riskHimalaya Shipping Ltd. (HSHP) pays a monthly dividend yielding 14.96% ($2.64/yr), with 0 years of growth and a dividend-safety grade of F. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (101%)
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 14.96%
- Payout Ratio
- 101%
- Annual Dividend
- $2.64
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 20, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.96
- Market Cap
- $845.3M
- P/E Ratio
- 15.6
- 5-Yr Total Return
- —
- 52-Week Range
- $7.37 – $17.06
- Dividend Safety
- F · 23/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
HSHP Price — Last 12 Months
Daily close
Price Return
1 Year
+103%
3 Years
+246%
5 Years
—
52-Week Range
$7.37 – $17.06
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HSHP worth?
Undervaluedlow confidenceOur blended fair-value estimate for Himalaya Shipping Ltd. is $22.40 per share, versus a market price of $16.70. That implies 34% of upside — a margin of safety of about 25%.
Fair Value
$22.40
Current Price
$16.70
Upside
+34%
Margin of Safety
25%
How we get there
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 16.6% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $1.16 EPS, $2.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HSHP Dividend Safety Score
Unsafe
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 20, 2026 | — | $0.2200 | regular |
| Jul 17, 2026 | — | $0.2200 | regular |
| Jun 22, 2026 | — | $0.2200 | regular |
| Jun 19, 2026 | — | $0.2200 | regular |
| May 18, 2026 | — | $0.1500 | regular |
| Apr 17, 2026 | — | $0.0600 | regular |
| Mar 16, 2026 | — | $0.0600 | regular |
| Feb 19, 2026 | — | $0.0600 | regular |
| Jul 18, 2025 | — | $0.0500 | regular |
| Jun 17, 2025 | — | $0.0300 | regular |
| May 19, 2025 | — | $0.0250 | regular |
| Apr 14, 2025 | — | $0.0400 | regular |
| Mar 18, 2025 | — | $0.0050 | regular |
| Feb 20, 2025 | — | $0.0050 | regular |
Income Calculator
At $2.64 / yr per share



