GNK Genco Shipping & Trading dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: GNK
- Dividend
Last dividend date: May 22, 2025
Dividend yield: 9.04%
Payout ratio: 113.3%
Genco Shipping & Trading's most recent dividend of $0.15 per share was on May 22, 2025 (ex-date). The annualized payout of $1.19 per share represents a current dividend yield of 9.04%. The latest GNK distribution of $0.15 marks a dividend change of -50%.
GNK dividend stats
vs. Industrials sector
Genco Shipping & Trading Dividend yield
Genco Shipping & Trading's dividend yield of 9.04% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.5%, Genco Shipping & Trading's dividend yield is 503% higher. The current dividend yield is more than the historical average of 7.5% of the last 5 years.
GNK Dividend history
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 5% for the last twelve months. And since the stock price has gone down by 38% from a year ago, the dividend yield has increased by 70%.
Genco Shipping & Trading Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 dividend payout ratio
Payout ratio
Genco Shipping & Trading's payout ratio of 113.3% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 35.1%, Genco Shipping & Trading's payout ratio is 223% higher.
Total amount of dividends paid per financial year (from cash flow)
GNK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GNK Genco Shipping & Trading Ltd | 9.04% | $1.19 | 113.3% |
| SBLK Star Bulk Carriers Corp | 8.41% | $1.44 | 73.5% |
Frequently asked questions
Does Genco Shipping & Trading pay a dividend?
Yes, Genco Shipping & Trading has been paying dividends for the last six years.
When was GNK's last dividend?
Genco Shipping & Trading's last dividend ex-date was on May 22, 2025. The dividend amount was $0.15 per share.
How much dividend does Genco Shipping & Trading pay (per share)?
GNK's annualized dividend per share is $1.19.
What is Genco Shipping & Trading's dividend yield?
Genco Shipping & Trading's current dividend yield is 9.04%.
How often does Genco Shipping & Trading pay dividends?
Genco Shipping & Trading pays four dividends per year.
What is Genco Shipping & Trading's dividend payout ratio?
Genco Shipping & Trading's dividend payout ratio is 113.3%.
Does Genco Shipping & Trading pay a good dividend?
Genco Shipping & Trading's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield.