Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Capital Product Partners: Commitment to Investor Contentment with Steadfast Earnings Performance

Author: Benzinga Insights | August 08, 2023 11:05am

By the end of today, August 08, 2023, Capital Product Partners (NASDAQ:CPLP) is set to deliver a dividend payout of $0.15 per share, equating to an annualized dividend yield of 3.93%. The company's dividend payout went ex-dividend on August 01, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.

Capital Product Partners Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-01 4 $0.15 3.93% 2023-07-20 2023-08-02 2023-08-08
2023-05-05 4 $0.15 4.69% 2023-04-25 2023-05-08 2023-05-12
2023-02-06 4 $0.15 4.18% 2023-01-26 2023-02-07 2023-02-10
2022-11-01 4 $0.15 4.0% 2022-10-20 2022-11-02 2022-11-10
2022-08-05 4 $0.15 3.95% 2022-07-26 2022-08-08 2022-08-12
2022-05-05 4 $0.15 4.07% 2022-04-27 2022-05-06 2022-05-12
2022-02-02 4 $0.15 3.95% 2022-01-24 2022-02-03 2022-02-10
2021-11-04 4 $0.1 2.83% 2021-10-25 2021-11-05 2021-11-12
2021-08-02 4 $0.1 3.57% 2021-07-21 2021-08-03 2021-08-10
2021-04-30 4 $0.1 3.25% 2021-04-26 2021-05-03 2021-05-10
2021-02-01 4 $0.1 4.2% 2021-01-22 2021-02-02 2021-02-10
2020-10-30 4 $0.1 5.26% 2020-10-21 2020-11-02 2020-11-10

In terms of dividend yield, Capital Product Partners finds itself in the middle ground among its industry peers, while Diana Shipping (NYSE:DSX) takes the lead with the highest annualized dividend yield at 18.99%.

Analyzing Capital Product Partners Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

As you can see, from 2019 to 2022, investors saw an average decrease in the company's dividend per share, decreasing from $1.26 in 2019 to $0.60 in 2022. This is not favorable for investors as it indicates a decline in the company's dividend payout over the years. Further analysis is recommended to understand the factors contributing to this decrease.

YoY Earnings Growth For Capital Product Partners

earning chart graph

The earnings chart above shows that from 2019 to 2022, Capital Product Partners has experienced an increase in their earnings from $1.08 per share to $3.77 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.

Recap

In this article, we explore the recent dividend payout of Capital Product Partners and its significance for shareholders. The company has decided to distribute a dividend of $0.15 per share today, which equates to an annualized dividend yield of 3.93%.

In terms of dividend yield, Capital Product Partners finds itself in the middle ground among its industry peers, while Diana Shipping takes the lead with the highest annualized dividend yield at 18.99%.

The declining dividend per share and rising earnings per share of Capital Product Partners from 2019 to 2022 indicate a deliberate decision to prioritize reinvestment of profits into the company's operations over dividend payments.

Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.

\To read more news on Capital Product Partners click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CPLP DSX

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist