Genco Shipping & Trading's most recent dividend of $0.3 per share was on Mar 11, 2025 (ex-date). The annualized payout of $1.46 per share represents a current dividend yield of 10.93%. The latest GNK distribution of $0.3 marks a dividend change of -25%.
Genco Shipping & Trading's dividend yield of 10.93% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.58%, Genco Shipping & Trading's dividend yield is 592% higher. The current dividend yield is more than the historical average of 7.4% 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 increased by 70% for the last twelve months. And since the stock price has gone down by 34% from a year ago, the dividend yield has increased by 158%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 82.5% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 34%, Genco Shipping & Trading's payout ratio is 143% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBLK Star Bulk Carriers Corp | 13.76% | $2.14 | 75.1% |
GNK Genco Shipping & Trading Ltd | 10.9% | $1.46 | 82.5% |
Yes, Genco Shipping & Trading has been paying dividends for the last six years.
Genco Shipping & Trading's last dividend ex-date was on Mar 11, 2025. The dividend amount was $0.3 per share.
GNK's annualized dividend per share is $1.46.
Genco Shipping & Trading's current dividend yield is 10.93%.
Genco Shipping & Trading pays four dividends per year.
Genco Shipping & Trading's dividend payout ratio is 82.5%.
Genco Shipping & Trading's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.