Ardmore Shipping (NYSE:ASC): High Dividend Yield Backed by Strong Dividend Quality
Published . Updated .
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This report is about container shipping.
Directly affected
- ASC Ardmore Shipping+16.0% 30d
Named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services-1.2% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- MATX Matson-5.8% 11d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- KEX Kirby-10.4% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ASC | +4.09% | +8.74% | base | -1.64% | -5.73% | -12.73% | -10.89% |
| BWET | -1.54% | +2.86% | base | -7.81% | -22.25% | -25.97% | — |
| IYT | -1.11% | -1.81% | base | -0.54% | +2.37% | -1.30% | -2.33% |
| ZIM | +4.85% | +3.12% | base | +3.44% | +0.62% | -3.12% | -1.20% |
| MATX | +4.99% | +2.59% | base | +0.27% | -4.85% | -3.52% | -4.04% |
| KEX | -2.29% | +3.79% | base | +0.32% | -8.95% | -15.08% | -13.96% |
| DAC | +2.07% | +3.14% | base | -0.76% | -0.94% | -3.70% | -3.60% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Ardmore Shipping (NYSE:ASC): High Dividend Yield Backed by Strong Dividend Quality ChartMill
Source: ChartMill
Shipping
| Company | When | Move | Status |
|---|---|---|---|
| ASC | that day | -1.64% | final price |
| ASC | the next day | -5.73% | final price |
| ASC | two days later | -12.73% | final price |
| ASC | three days later | -10.89% | final price |
| ASC | three days earlier | +8.74% | final price |
| ASC | five days earlier | +4.09% | final price |
| BWET | that day | -7.81% | final price |
| BWET | the next day | -22.25% | final price |
| BWET | two days later | -25.97% | final price |
| BWET | three days earlier | +2.86% | final price |
| BWET | five days earlier | -1.54% | final price |
| DAC | that day | -0.76% | final price |
| DAC | the next day | -0.94% | final price |
| DAC | two days later | -3.70% | final price |
| DAC | three days later | -3.60% | final price |
| DAC | three days earlier | +3.14% | final price |
| DAC | five days earlier | +2.07% | final price |
| IYT | that day | -0.54% | final price |
| IYT | the next day | +2.37% | final price |
| IYT | two days later | -1.30% | final price |
| IYT | three days later | -2.33% | final price |
| IYT | three days earlier | -1.81% | final price |
| IYT | five days earlier | -1.11% | final price |
| KEX | that day | +0.32% | final price |
| KEX | the next day | -8.95% | final price |
| KEX | two days later | -15.08% | final price |
| KEX | three days later | -13.96% | final price |
| KEX | three days earlier | +3.79% | final price |
| KEX | five days earlier | -2.29% | final price |
| MATX | that day | +0.27% | final price |
| MATX | the next day | -4.85% | final price |
| MATX | two days later | -3.52% | final price |
| MATX | three days later | -4.04% | final price |
| MATX | three days earlier | +2.59% | final price |
| MATX | five days earlier | +4.99% | final price |
| ZIM | that day | +3.44% | final price |
| ZIM | the next day | +0.62% | final price |
| ZIM | two days later | -3.12% | final price |
| ZIM | three days later | -1.20% | final price |
| ZIM | three days earlier | +3.12% | final price |
| ZIM | five days earlier | +4.85% | final price |
How solid the shipping case looks
12 out of 100
“Ardmore Shipping (NYSE:ASC): High Dividend Yield Backed by Strong Dividend Quality” scores 12 out of 100. The score uses 1 sources.