Dividend paying shipping stocks
Shipping produces the most spectacular and least durable yields on the market. Rates swing violently, and many operators pay out most of the cash flow while the cycle is hot — double-digit yields here are a cyclical peak, not a run rate.
18 operating companies currently paying a dividend, median yield 5.63%. Funds and ETFs are excluded on purpose — this is companies only. Prices as of Sep 3, 2026.
- 1USEAUnited Maritime Corporation14.18%
- 2HAFNHafnia Limited13.88%
- 3ZIMZIM Integrated Shipping Services Ltd.12.61%
- 4SBLKStar Bulk Carriers Corp.11.31%
- 5SHIPSeanergy Maritime Holdings Corp7.53%
- 6SFLSFL Corporation Ltd.7.13%
- 7EHLDEuroholdings Ltd.5.72%
- 8GSLGlobal Ship Lease Inc New5.54%
- 9HSHPHimalaya Shipping Ltd.5.40%
- 10ESEAEuroseas Ltd.4.15%
No company in this sector pays monthly — the quarterly cheque is the norm here. For monthly income, look at REITs, BDCs and specialty finance.
Specialty financeAll 18 marine shipping dividend payers
18 shown · click any column to sort
| Company | Industry | Yield | Annual $ | Payout | Div growth | Streak | Quality | Size | 1Y |
|---|---|---|---|---|---|---|---|---|---|
Hafnia Limited | Marine Shipping | 13.88% | $1.15 | 61% | +43.5%† | — | 9 | $4.2B | +41.5% |
SBLKraised Star Bulk Carriers Corp. | Marine Shipping | 11.31% | $3.60 | 46% | +43.1% | — | 45 | $3.4B | +68.4% |
ZIM Integrated Shipping Services Ltd. | Marine Shipping | 12.61% | $3.52 | 109% | -46.2%* | — | 0 | $3.3B | +104.2% |
Danaos Corporation | Marine Shipping | 2.38% | $3.60 | 12% | +4.8%* | — | 27 | $2.7B | +62.8% |
ECOraised Okeanis Eco Tankers Corp. | Marine Shipping | 30.90% | $21.00 | 46% | — | — | 18 | $2.7B | +153.8% |
Navios Maritime Partners LP | Marine Shipping | 0.26% | $0.24 | 2% | +10.0%† | — | 23 | $2.6B | +91.2% |
Costamare Inc. | Marine Shipping | 3.24% | $0.50 | 16% | +2.8% | — | 36 | $1.9B | +29.3% |
SFL Corporation Ltd. | Marine Shipping | 7.13% | $0.88 | 363% | -1.2% | — | 5 | $1.7B | +55.0% |
GSLraised Global Ship Lease Inc New | Marine Shipping | 5.54% | $2.50 | 23% | +15.6%* | — | 35 | $1.6B | +49.1% |
Capital Clean Energy Carriers Corp. Common Share | Marine Shipping | 2.65% | $0.60 | 36% | 0.0%† | 1y | 27 | $1.4B | +6.9% |
SBraised Safe Bulkers, Inc. | Marine Shipping | 3.52% | $0.30 | 27% | 0.0%* | — | 33 | $868M | +108.6% |
Himalaya Shipping Ltd. | Marine Shipping | 5.40% | $0.88 | 128% | — | — | 9 | $787M | +129.6% |
ASCraised Ardmore Shipping Corporation | Marine Shipping | 17.54% | $3.16 | 25% | +43.1% | — | 30 | $738M | +53.9% |
Euroseas Ltd. | Marine Shipping | 4.15% | $3.20 | 19% | +21.6%* | — | 38 | $541M | +25.2% |
Seanergy Maritime Holdings Corp | Marine Shipping | 7.53% | $1.40 | 20% | +48.9%* | — | 29 | $390M | +136.1% |
Diana Shipping Inc. | Marine Shipping | 1.49% | $0.04 | 11% | -64.6%* | — | 21 | $346M | +81.1% |
Euroholdings Ltd. | Marine Shipping | 5.72% | $0.56 | 21% | — | 1y | 36 | $27M | +59.9% |
United Maritime Corporation | Marine Shipping | 14.18% | $0.40 | 32% | +45.0%† | — | 20 | $27M | +80.6% |
Operating companies only — ETFs, closed-end funds, ADRs and preferred shares or baby bonds are excluded. Payout ratio and raise-streak data isn't published for every company; blanks mean we don't have it rather than zero. * marks a 3-year growth rate where 5 years isn't available; † marks a 12-month growth rate shown because the longer rate is distorted by a stock split.
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Frequently asked
How many marine shipping stocks pay a dividend?
We currently track 18 marine shipping operating companies paying a dividend, with a median yield of 5.63%. ETFs, closed-end funds and ADRs are excluded from this count — those are funds, not companies.
Which marine shipping stock has the highest dividend yield?
USEA shows the highest trailing yield in the sector at 14.18%. Treat the very top of any yield list with suspicion: an unusually high figure is often a special or one-off payment sitting in the trailing rate, or a share price that has collapsed.
Are high-yield marine shipping dividends safe?
Yield alone tells you nothing about safety. In this sector 14 of 18 companies pay out 60% or less of earnings, which is the group with genuine room to keep raising. None have cut recently, and 6 have raised.
Do any marine shipping companies pay monthly dividends?
No. Every dividend payer in this sector pays quarterly, semi-annually or annually. Monthly dividends are concentrated in REITs, BDCs and specialty finance.
How often is this list updated?
Nightly. Prices, yields, payout ratios and performance come from our own data pipeline, and this page reflects prices as of Sep 3, 2026. New dividend initiations and cuts are picked up automatically.
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