Does Performance Shipping Inc (PSHG) Pay a Dividend? (2026)
Last updated October 2026
Short answer
Yes. Performance Shipping Inc (PSHG) pays a dividend yielding about 0.00% as of October 2026. The latest payment on record was $0.15 per share, ex-dividend October 29, 2020.. Figures are approximate and dated; verify the current number with your broker.
Does Performance Shipping Inc (PSHG) pay a dividend?
Yes. Performance Shipping Inc distributes a dividend yielding roughly 0.00% as of October 2026. The most recent payment on record was $0.15 per share, with an ex-dividend date of October 29, 2020.
Figures are approximate as of October 16, 2026; verify live numbers before acting. On paper PSHG trades at under 2x trailing earnings and a fraction of book value, but for a controlled micro-cap tanker owner those multiples say more about how the market discounts governance, dilution history and illiquidity than about the ships. The diluted EPS (~$0.37 in Q2 2026 against ~$1.12 basic) shows how much the preferred stock still matters to per-share value, and newbuild deliveries through 2029 add fixed obligations that a weaker tanker market would expose.
PSHG dividend at a glance
| 2020-10-29 | $0.15 |
PSHG dividend data as of October 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with PSHG's investor relations page before relying on it.
Is the PSHG dividend covered?
We do not have a payout ratio on record for PSHG. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on PSHG's investor relations page or in your broker's fundamentals tab.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
What PSHG's dividend means for you
- Income: set by the yield, which moves with the share price.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for PSHG the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How PSHG dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the PSHG dividend
Performance Shipping Inc (PSHG) pays about 0.00%. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the PSHG guide. Walnut can show how PSHG fits your real portfolio. It is not an investment adviser.
Investing in Performance Shipping Inc with AI
Connect the broker you already use and ask Walnut's AI how PSHG fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Performance Shipping Inc (PSHG) pay a dividend?
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Yes. Performance Shipping Inc pays a dividend yielding roughly 0.00% as of October 2026. The most recent payment on record was $0.15 per share with an ex-dividend date of October 29, 2020. Yields move with the share price, so verify the current figure with your broker or PSHG's investor relations page before relying on it.
What is PSHG's dividend yield?
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About 0.00% as of October 2026. For context, the S&P 500 yields around 1.2%, so PSHG yields meaningfully less than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does PSHG pay its dividend?
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Performance Shipping Inc's payment schedule is in the history table above. The most recent payment on record had an ex-dividend date of October 29, 2020. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on PSHG's investor relations page, because boards can change both the amount and the timing.
When is PSHG's ex-dividend date?
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The ex-dividend date recorded in our October 2026 data pull is October 29, 2020. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check PSHG's investor relations page for the next confirmed date.
Is PSHG's dividend safe?
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We do not have a payout ratio on record for PSHG. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on PSHG's investor relations page or in your broker's fundamentals tab. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
Are PSHG dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest PSHG dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each PSHG payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does PSHG pay a dividend?
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Performance Shipping has generally not been a reliable dividend payer on its common shares, and it has issued cumulative preferred stock (Series B, redeemed in Q2 2026, and Series C, still outstanding) that carries its own distribution terms. Given the company's small size, cyclicality, and history of capital raises, income is not the reason most investors look at it. Always check the latest filings for any current dividend policy before assuming a payout.
Walnut is informational, not investment advice. Dividend figures on this page come from a October 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with PSHG's investor relations page or your broker before acting on them.