STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.05
Forward Annual Dividend Rate
$0.60
Yield
Trailing Annual Dividend Yield
6.48%
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Aug 12, 2024
Ex-dividend Date
Aug 06, 2024
7.67 %
25.49
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Jul 24, 2024 | 0.15 | Aug 06, 2024 | Aug 06, 2024 | Aug 12, 2024 |
| Apr 25, 2024 | 0.15 | May 06, 2024 | May 07, 2024 | May 14, 2024 |
| Jan 25, 2024 | 0.15 | Feb 05, 2024 | Feb 06, 2024 | Feb 13, 2024 |
| Oct 23, 2023 | 0.15 | Nov 03, 2023 | Nov 06, 2023 | Nov 13, 2023 |
| Jul 20, 2023 | 0.15 | Aug 01, 2023 | Aug 02, 2023 | Aug 08, 2023 |
| Apr 25, 2023 | 0.15 | May 05, 2023 | May 08, 2023 | May 12, 2023 |
| Jan 26, 2023 | 0.15 | Feb 06, 2023 | Feb 07, 2023 | Feb 10, 2023 |
| Oct 20, 2022 | 0.15 | Nov 01, 2022 | Nov 02, 2022 | Nov 10, 2022 |
| Jul 26, 2022 | 0.15 | Aug 05, 2022 | Aug 08, 2022 | Aug 12, 2022 |
| Apr 27, 2022 | 0.15 | May 05, 2022 | May 06, 2022 | May 12, 2022 |
| Apr 06, 2022 | 0.15 | May 05, 2022 | May 06, 2022 | May 12, 2022 |
| Jan 24, 2022 | 0.15 | Feb 02, 2022 | Feb 03, 2022 | Feb 10, 2022 |
| Oct 25, 2021 | 0.1 | Nov 04, 2021 | Nov 05, 2021 | Nov 12, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Mar 28, 2019 | 1:7 | +3.15% | -4.38% |
Frequently Asked Questions
Is Capital Product Partners L.P. (CPLP) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Capital Product Partners L.P. is also among the companies that regularly pay dividends.
What is CPLP's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. CPLP's annual dividend yield for the trailing 12 months is 6.48.
When did CPLP last pay a dividend?
CPLP last paid dividends on 2024-08-12, with the ex-dividend date being 2024-08-06.
When was the last time CPLP stock split?
CPLP stock split took place on 28-03-2019.
How did CPLP's stock split work?
Its last split took place on Mar 28, 2019, when Capital Product Partners L.P. went through a 1:7 split leaving the shareholder with 1 share(s) who previously owned 7 CPLP share(s).