Best Shipping Dividend Stocks

Shipping companies transport commodities, merchandise, and cargo by sea. They also own and operate vessels and offshore related assets. Shipping companies are generally structured as corporations or limited partnerships. Shipping stocks and their dividends tend to be volatile, and as a result, usually offer higher-than-average dividend yields.

4.89%

Shipping Industry Dividend Yield*

*Calculated as the simple average of company dividend yields in this group excluding inactive stocks
Stock Symbol Company Name DARS™ Rating (?) Dividend Yield Current Price Annual Dividend Ex- Div Date Pay Date
ALEX Alexander & Baldwin Inc. 0.61% $45.98 $0.28 11/3 12/1
MATX Matson, Inc. 1.94% $39.26 $0.76 11/8 12/1
VLCCF KnightsBridge Tankers 0.00% $5.00 $0.00 12/1 12/10
NAT Nordic American Tankers 10.95% $9.50 $1.04 10/25 11/10
SSW Seaspan 15.40% $9.74 $1.50 10/18 10/31
STNG Scorpio Tankers Inc. 11.14% $4.49 $0.50 11/22 12/22
TK Teekay Corp 2.59% $8.49 $0.22 10/26 11/16
TNP Tsakos Energy 3.82% $5.24 $0.20 12/14 12/22
GMLP Golar LNG Partners LP 10.31% $22.41 $2.31 11/3 11/14
TDW Tidewater Inc. 0.00% $3.74 $0.00 12/2 12/15
CPLP Capital Product Partners L.P. 9.49% $3.16 $0.30 11/3 11/14
FRO Frontline Ltd. 5.33% $7.51 $0.40 12/13 12/22
GLNG Golar LNG Ltd. 0.84% $23.81 $0.20 12/12 1/6
NM Navios Maritime 0.00% $1.36 $0.00 9/16 9/25
GASS Stealth Gas Inc. 0.00% $3.51 $0.00 2/26 3/9
SFL Ship Finance International 12.29% $14.65 $1.80 12/8 12/29
TNK Teekay Tankers 4.38% $2.74 $0.12 11/9 11/18
TOO Teekay Offshore Partners L.P. 8.58% $5.13 $0.44 11/2 11/10
ESEA Euroseas Ltd. 0.00% $1.67 $0.00 8/28 9/11
NMM Navios Maritime Partners L.P. 0.00% $1.60 $0.00 11/9 11/13
TGP Teekay LNG Partners L.P. 3.58% $15.65 $0.56 11/2 11/10
SB Safe Bulkers, Inc. 0.00% $1.25 $0.00 8/14 8/28
ISH International Shipholding Corp. 0.00% $1.62 $0.00 8/12 9/4
CMRE Costamare Inc. Ord Shs 6.86% $5.83 $0.40 10/19 11/4
DSX Diana Shipping Inc 0.00% $2.92 $0.00 11/24 12/11
GLBS Globus Maritime Ltd. Ord 0.00% $5.97 $0.00 NA NA
GSL Global Ship Lease, Inc. Cl A 0.00% $1.75 $0.00 11/12 11/24
NNA Navios Maritime Acquisition Corp Ord 11.76% $1.70 $0.20 12/12 12/21
SBLK Star Bulk Carriers Corp Ord 0.00% $5.52 $0.00 9/6 9/18
TEU Box Ships Inc NA $0.00 $0.00 11/19 11/28
DCIX Diana Containerships Inc 0.43% $2.34 $0.01 5/26 6/15
DHT DHT Holdings Inc 1.99% $4.02 $0.08 11/14 11/23
NNA-U Navios Maritime Acquisition Cor NA NA $0.00 6/17 7/3
SSW-C Seaspan Corporation Preferred Shares Series C 9.36% $25.37 $2.38 4/27 5/2
GLOG GasLog Ltd 3.49% $16.05 $0.56 11/9 11/24
KNOP KNOT Offshore Partners LP 9.50% $21.90 $2.08 10/28 11/14
DLNG Dynagas LNG Partners LP 11.23% $15.05 $1.69 10/6 10/18
ASC Ardmore Shipping Corporation 6.07% $7.25 $0.44 8/12 8/31
DRYS DryShips Inc. 0.00% $4.05 $0.00 10/29 11/11
HMLP Hoegh LNG Partners LP 9.24% $17.85 $1.65 11/2 11/14
NAO Nordic American Offshore Ltd NA NA $0.12 11/21 12/7
GLOP GasLog Partners LP 9.21% $20.75 $1.91 11/3 11/11
EURN Euronav NV Ordinary Shares NA NA $0.00 9/20 9/30
NAP Navios Maritime Midstream Partners L.P. 15.38% $10.99 $1.69 11/4 11/10