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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
$0.1500
Forward Dividend yield
4.31%

GNK dividend yield vs industry/market

Company
11.13%
Industry
11.13%
GNK dividends (11.13%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
GNK dividends (11.13%) are in... subscribe to Premium to read more.
Top 25% Dividend Dividend

GNK dividend payout ratio

Genco Shipping & Trading Ltd paid out 98.5% of its earnings over the trailing twelve months.
Retained earnings
1.5%
Payout ratio
98.5%
GNK earnings ($83.70M) are insufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

GNK vs Shipping Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
GNK11.13%5+98.50%
GSL8.31%No1+17.70%
ASC7.81%No6+17.50%
NMM0.86%No3+1.70%
CLCO3.10%0N/A
View Top Shipping Stocks

GNK dividend dates

Last dividend payment date
Aug 23, 2023
Last ex-dividend date
Aug 15, 2023

Be the first to know when GNK increases or cuts their dividend.

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 2023-08-23, when Genco Shipping & Trading shareholders who owned GNK shares before 2023-08-15 received a dividend payment of $0.1500 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?

GNK has less than 10 year of dividend history, so we cannot evaluate if GNK's dividend has long-term stability.

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

No, GNK's past year earnings per share was $1.96, and their annual dividend per share is $1.58. GNK's dividend payout ratio is 98.5%, which is not sustainable.

How much is Genco Shipping & Trading's dividend?

GNK pays a dividend of $1.58 per share. GNK's annual dividend yield is 11.13%. Genco Shipping & Trading's dividend is lower than the US industry average of 11.13%, and it is higher than the US market average of 4.57%.

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

Genco Shipping & Trading's previous ex-dividend date was on 2023-08-15. Genco Shipping & Trading shareholders who own GNK stock before this date received Genco Shipping & Trading's last dividend payment of $0.1500 per share on 2023-08-23. 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?

GNK has less than 10 years of dividend history, so we cannot evaluate if GNK's' dividend has demonstrated long-term growth.
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