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 8.99%. The latest GNK distribution of $0.15 marks a dividend change of -50%.
Genco Shipping & Trading's dividend yield of 8.99% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.57%, Genco Shipping & Trading's dividend yield is 473% higher. The current dividend yield is more than the historical average of 7.5% 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 5% for the last twelve months. And since the stock price has gone down by 41% from a year ago, the dividend yield has increased by 77%.
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's payout ratio of 113.3% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 34.7%, Genco Shipping & Trading's payout ratio is 227% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBLK Star Bulk Carriers Corp | 12.96% | $2.14 | 109.2% |
GNK Genco Shipping & Trading Ltd | 8.99% | $1.19 | 113.3% |
Yes, Genco Shipping & Trading has been paying dividends for the last six years.
Genco Shipping & Trading's last dividend ex-date was on May 22, 2025. The dividend amount was $0.15 per share.
GNK's annualized dividend per share is $1.19.
Genco Shipping & Trading's current dividend yield is 8.99%.
Genco Shipping & Trading pays four dividends per year.
Genco Shipping & Trading's dividend payout ratio is 113.3%.
Genco Shipping & Trading's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield.