International Seaways Inc Dividends
The next dividend date for International Seaways Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for International Seaways Inc (INSW)
More About International Seaways Inc
International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. The company's operates fleet of 78 vessels of VLCCs, Suezmaxes, and Aframaxes, as well as MRs, LR1, and LR2 product carrier. It provides ship-to-ship (STS) lightering support services, such as hoses and fenders; and full-service STS lightering that includes lightering vessels. The company also offers MR product carriers, including IMO III compliant for carrying edible oils, such as palm and vegetable oil, increasing flexibility when switching between cargo grades. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.
Owning International Seaways Inc Stock on the Dividend Date
If you own International Seaways Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of International Seaways Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of International Seaways Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying International Seaways Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the International Seaways Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More International Seaways Inc Dividends
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