Genco Shipping & Trading's most recent dividend of $0.35 per share was on May 18, 2026 (ex-date). The annualized payout of $1.15 per share represents a current dividend yield of 4.69%. The latest GNK distribution of $0.35 marks a dividend change of -30%.
Genco Shipping & Trading's dividend yield of 4.69% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.47%, Genco Shipping & Trading's dividend yield is 219% higher. The current dividend yield is less than the historical average of 8.0% of the last 5 years.
Genco Shipping & Trading has a history of paying dividends since 2019. Our records of GNK show that the company has distributed four dividends in the past year. The annualized dividend per share has decreased by 3.4% for the last twelve months. And since the stock price has gone up by 76% from a year ago, the dividend yield has decreased by 45%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 18, 2026 | $0.35 | 4.71% |
| Mar 11, 2026 | $0.5 | 4.52% |
| Nov 17, 2025 | $0.15 | 4.26% |
| Aug 18, 2025 | $0.15 | 6.14% |
| May 22, 2025 | $0.15 | 9.13% |
| Mar 11, 2025 | $0.3 | 10.81% |
| Nov 18, 2024 | $0.4 | 8.92% |
| Aug 19, 2024 | $0.34 | 7.59% |
| May 21, 2024 | $0.42 | 4.96% |
| Mar 5, 2024 | $0.41 | 4.33% |
| Nov 21, 2023 | $0.15 | 6.43% |
| Aug 15, 2023 | $0.15 | 11.34% |
| May 15, 2023 | $0.15 | 13.81% |
| Mar 6, 2023 | $0.5 | 14.02% |
| Nov 18, 2022 | $0.78 | 19.19% |
| Aug 15, 2022 | $0.5 | 13.05% |
| May 13, 2022 | $0.79 | 8.21% |
| Mar 9, 2022 | $0.67 | 4.71% |
| Nov 12, 2021 | $0.15 | 2.07% |
| Aug 16, 2021 | $0.1 | 1.07% |
| May 14, 2021 | $0.05 | 0.72% |
| Mar 9, 2021 | $0.02 | 0.73% |
| Nov 16, 2020 | $0.02 | 3.25% |
| Aug 14, 2020 | $0.02 | 4.96% |
| May 15, 2020 | $0.02 | 8.08% |
| Mar 5, 2020 | $0.175 | 5.19% |
| Nov 20, 2019 | $0.175 | 1.71% |
Genco Shipping & Trading's payout ratio of 294.9% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 32.9%, Genco Shipping & Trading's payout ratio is 796% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GNK Genco Shipping & Trading Ltd | 4.69% | $1.15 | 294.9% |
| SBLK Star Bulk Carriers Corp | 4.1% | $1.03 | 81.7% |
Yes, Genco Shipping & Trading has been paying dividends for the last seven years.
Genco Shipping & Trading's last dividend ex-date was on May 18, 2026. The dividend amount was $0.35 per share.
GNK's annualized dividend per share is $1.15.
Genco Shipping & Trading's current dividend yield is 4.69%.
Genco Shipping & Trading pays four dividends per year.
Genco Shipping & Trading's dividend payout ratio is 294.9%.
Genco Shipping & Trading's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield.