Seanergy Maritime Holdings Corp
SHIPIndustrials · Stock · quarterly payer
Forward Yield
7.53%
Annual Dividend
$1.40
Payout Ratio
20%
5-Yr Growth
—
Ex-Date
Sep 25, 2026
Frequency
Quarterly
Summary
As of September 2026, Seanergy Maritime Holdings Corp (SHIP) yields 7.53% ($1.40 per share annually), with a blended fair-value estimate of $19.92 — +12% upside, so it screens as fairly valued. Dividend safety grade: C (55/100).
Is SHIP a good dividend stock?
MixedSeanergy Maritime Holdings Corp (SHIP) pays a quarterly dividend yielding 7.53% ($1.40/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (20%)
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 7.53%
- Payout Ratio
- 20%
- Annual Dividend
- $1.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 25, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.98
- Market Cap
- $401.5M
- P/E Ratio
- 6.5
- 5-Yr Total Return
- 23%
- 52-Week Range
- $7.56 – $18.48
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
SHIP Price — Last 12 Months
Daily close
Price Return
1 Year
+115%
3 Years
+222%
5 Years
+23%
52-Week Range
$7.56 – $18.48
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHIP worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Seanergy Maritime Holdings Corp is $19.92 per share, versus a market price of $17.79. That implies the stock is roughly fairly priced.
Fair Value
$19.92
Current Price
$17.79
Gap
+12%
Margin of Safety
11%
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.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.2% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.90 EPS, $1.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHIP Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| Jun 29, 2026 | — | $0.2000 | regular |
| Mar 27, 2026 | — | $0.2000 | regular |
| Dec 29, 2025 | — | $0.1300 | regular |
| Sep 29, 2025 | — | $0.0500 | regular |
| Jun 27, 2025 | — | $0.0500 | regular |
| Mar 27, 2025 | — | $0.1000 | regular |
| Dec 27, 2024 | — | $0.2600 | regular |
| Sep 27, 2024 | — | $0.2500 | regular |
| Jun 25, 2024 | — | $0.1500 | regular |
| Mar 22, 2024 | — | $0.1000 | regular |
| Dec 21, 2023 | — | $0.0250 | regular |
| Sep 21, 2023 | — | $0.0250 | regular |
| Jun 21, 2023 | — | $0.0250 | regular |
| Mar 30, 2023 | — | $0.0250 | regular |
Income Calculator
At $1.40 / yr per share
