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NYSE: GNK
Genco Shipping & Trading Ltd Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

GNK dividend stability and growth

Last Dividend per share
$0.4100
Forward Dividend yield
8.26%
GNK's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
GNK dividends have decreased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

GNK dividend yield vs industry/market

Company
4.07%
Industry
5.34%
GNK dividends (4.07%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
GNK dividends (4.07%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

GNK dividend payout ratio

Genco Shipping & Trading Ltd had negative earnings over the trailing twelve months.
Retained earnings
N/A
Payout ratio
N/A
GNK cannot cover its dividend... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

GNK vs Shipping Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
GNK4.07%No5-316.70%
CPLP3.55%No3+27.90%
ECON/AN/A0.00%
NAT12.17%No14+357.10%
GSL6.72%No1N/A
View Top Shipping Stocks

GNK dividend dates

Last dividend payment date
Mar 13, 2024
Last ex-dividend date
Mar 5, 2024

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Genco Shipping & Trading Dividends FAQ

Does Genco Shipping & Trading pay a dividend?

Yes, GNK has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Genco Shipping & Trading stock.

What is Genco Shipping & Trading's Dividend Payment Date?

Genco Shipping & Trading's last dividend payment date was on 2024-03-13, when Genco Shipping & Trading shareholders who owned GNK shares before 2024-03-05 received a dividend payment of $0.4100 per share. Genco Shipping & Trading's next dividend payment date has not been announced yet. Add GNK to your watchlist to be reminded of GNK's next dividend payment.

Is Genco Shipping & Trading's dividend stable?

No, GNK's dividend has not been stable over the last 10 years

Does Genco Shipping & Trading have sufficient earnings to cover their dividend?

No, GNK's past year earnings per share was -$0.30, and their annual dividend per share is $0.86. GNK's dividend payout ratio is -316.7%, which is not sustainable.

How much is Genco Shipping & Trading's dividend?

GNK pays a dividend of $0.86 per share. GNK's annual dividend yield is 4.07%. Genco Shipping & Trading's dividend is lower than the US industry average of 5.34%, and it is lower than the US market average of 4.14%.

What is Genco Shipping & Trading's Ex-Dividend Date?

Genco Shipping & Trading's previous ex-dividend date was on 2024-03-05. Genco Shipping & Trading shareholders who own GNK stock before this date received Genco Shipping & Trading's last dividend payment of $0.4100 per share on 2024-03-13. Genco Shipping & Trading's next ex-dividend date has not been announced yet. Add GNK to your watchlist to be reminded before GNK's ex-dividend date.

Is Genco Shipping & Trading's dividend showing long-term growth?

No, GNK's' dividend has decreased over the past 10 years.
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