Genco Shipping & Trading's most recent dividend of $0.4 per share was on Nov 18, 2024 (ex-date). The annualized payout of $1.57 per share represents a current dividend yield of 11.18%. The latest GNK distribution of $0.4 marks a dividend growth of 18%.
Genco Shipping & Trading's dividend yield of 11.18% 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 661% higher. The current dividend yield is more than the historical average of 7.1% 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 quarterly dividends in the past year. The annualized dividend per share has increased by 65% for the last twelve months. And since the stock price has gone down by 15% from a year ago, the dividend yield has increased by 94%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 98.1% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 33.2%, Genco Shipping & Trading's payout ratio is 195% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBLK Star Bulk Carriers Corp | 16.53% | $2.5 | 83.6% |
GNK Genco Shipping & Trading Ltd | 11.17% | $1.57 | 98.1% |
Yes, Genco Shipping & Trading has been paying dividends for the last five years.
Genco Shipping & Trading's last dividend ex-date was on Nov 18, 2024. The dividend amount was $0.4 per share.
GNK's annualized dividend per share is $1.57.
Genco Shipping & Trading's current dividend yield is 11.18%.
Genco Shipping & Trading pays four dividends per year.
Genco Shipping & Trading's dividend payout ratio is 98.1%.
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.