Euronav NV Dividend Yield and Financial Performance

Euronav NV has consistently delivered strong dividend yields, making it an attractive option for investors seeking regular income. The company's dividend yield has averaged around 8-10% over the past few years, significantly higher than the industry average.

Euronav NV's financial performance has been impressive, with a net profit margin of over 25% in the past year. This is a testament to the company's efficient operations and ability to navigate the challenging tanker market.

The company's dividend payout ratio has been steadily increasing, from around 50% in 2018 to over 70% in 2020. This suggests that Euronav NV is committed to returning value to its shareholders through regular dividend payments.

Euronav NV's strong balance sheet and low debt levels have also contributed to its financial stability, allowing the company to maintain its dividend payments even during periods of market volatility.

Euronav NV (EURN) offers a Dividend Yield of 0.10%, which is relatively low compared to other sectors, but the Forward Dividend Yield is a more impressive 8.12%.

The company's Dividend Per Share is $1.36 USD, which is a significant amount for investors to consider. EURN's Dividend Yield has fluctuated over the years, with a Maximum Annual Increase of 4.66% and a Maximum Annual Dividend Yield of 20.94%.

Here's a breakdown of EURN's Dividend Yield by Quarter and Year:

EURN's Dividend Yield is expected to remain relatively stable in the coming years, with the company's commitment to paying a high upfront dividend yield.

Euronav's dividend yield is significantly higher than the industry average, with a yield of 11.3% compared to the shipping industry's average yield of 5.6%.

This means that investors can expect a higher return on their investment in Euronav compared to other shipping companies.

Euronav's high dividend yield is due in part to the company's strong cash flow and low debt levels.

The company's cash flow is driven by its significant fleet of vessels, which are used to transport crude oil and refined petroleum products.

In 2020, Euronav's cash flow from operations was €1.4 billion, which is a significant increase from the previous year.

This strong cash flow has allowed Euronav to maintain its high dividend payout ratio, which is 90% of its net income.

The company's low debt levels also contribute to its high dividend yield, with a debt-to-equity ratio of 0.4.

This low debt level allows Euronav to maintain its financial flexibility and continue to pay out a significant portion of its net income as dividends.

Euronav NV (EURN) has a dividend history that spans several years, with the first recorded dividend payment in 2022.

The company's dividend history shows that it has paid dividends quarterly, with the most recent payment date being July 18, 2024.

The dividend yield for EURN has fluctuated over the years, with a high of $0.8 in 2023 and a low of $0.02989385 in 2023.

In 2022, EURN paid a total of $0.06 in dividends, with two payments made in June and one payment made in November.

Here's a breakdown of the dividend payments made by EURN in 2022 and 2023:

EURN's dividend per share has also varied over the years, with a high of $4.64 in 2024 and a low of $0.02989385 in 2023.

The company's ex-dividend date is typically 2-3 business days before the dividend payment date, with the most recent ex-dividend date being July 9, 2024.