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NYSE: GNK
Genco Shipping & Trading Ltd Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

GNK dividend stability and growth

Last Dividend per share
$0.4100
Forward Dividend yield
8.26%
GNK's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
GNK dividends have decreased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

GNK dividend yield vs industry/market

Company
3.06%
Industry
4.75%
GNK dividends (3.06%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
GNK dividends (3.06%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

GNK dividend payout ratio

Genco Shipping & Trading Ltd paid out 1,075% of its earnings over the trailing twelve months.
Retained earnings
N/A
Payout ratio
1,075%
GNK earnings ($3.29M) are insufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

GNK vs Shipping Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
GNK3.06%No5+1,075.00%
GSL5.60%No1N/A
ASC4.07%No6+34.60%
CPLP3.70%No3+26.40%
NAT10.80%No14+97.90%
View Top Shipping Stocks

GNK dividend dates

Next dividend payment date
May 30, 2024
Next ex-dividend date
May 21, 2024

Be the first to know when GNK increases or cuts their dividend.

Genco Shipping & Trading Dividends FAQ

Does Genco Shipping & Trading pay a dividend?

Yes, GNK has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Genco Shipping & Trading stock.

What is Genco Shipping & Trading's Dividend Payment Date?

Genco Shipping & Trading's next dividend payment date is on 2024-05-30, when Genco Shipping & Trading shareholders who owned GNK shares before 2024-05-21 will receive a dividend payment of $0.4200 per share. Add GNK to your watchlist to be reminded of GNK's next dividend payment.

Is Genco Shipping & Trading's dividend stable?

No, GNK's dividend has not been stable over the last 10 years

Does Genco Shipping & Trading have sufficient earnings to cover their dividend?

No, GNK's past year earnings per share was $0.08, and their annual dividend per share is $0.71. GNK's dividend payout ratio is 1,075%, which is not sustainable.

How much is Genco Shipping & Trading's dividend?

GNK pays a dividend of $0.71 per share. GNK's annual dividend yield is 3.06%. Genco Shipping & Trading's dividend is lower than the US industry average of 4.75%, and it is lower than the US market average of 3.53%.

What is Genco Shipping & Trading's Ex-Dividend Date?

Genco Shipping & Trading's upcoming ex-dividend date is on 2024-05-21. Genco Shipping & Trading shareholders who own GNK stock before this date will receive Genco Shipping & Trading's next dividend payment of $0.4200 per share on 2024-05-30. Add GNK to your watchlist to be reminded before GNK's ex-dividend date.

Is Genco Shipping & Trading's dividend showing long-term growth?

No, GNK's' dividend has decreased over the past 10 years.
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