GENCO SHIPPING & TRADING LTD (GNK) Dividend History

Genco Shipping & Trading Ltd. is a global shipping company specializing in the ownership and operation of drybulk vessels. Established to serve the transportation needs of commodities such as iron ore, coal, and grain, Genco operates a fleet of bulk carriers that facilitate international trade. The company is headquartered in New York City and listed on the NASDAQ exchange, focusing on efficiency and operational excellence within the maritime freight industry.

299 Park Avenue, New York, NY, 10171
Phone: (646) 443-8550
Website:

Dividend History

Pay Date Amount Ex Dividend Date Record Date
May 30, 2025 $0.15 05/22/2025 05/22/2025
March 18, 2025 $0.30 03/11/2025 03/11/2025
November 25, 2024 $0.40 11/18/2024 11/18/2024
August 26, 2024 $0.34 08/19/2024 08/19/2024
May 30, 2024 $0.42 05/21/2024 05/22/2024
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Dividends Summary

  • GENCO SHIPPING & TRADING LTD has issued 24 dividend payments over the past 6 years
  • The most recent dividend was paid 8 days ago, on May 30, 2025
  • The first recorded dividend was paid on December 5, 2019
  • The highest dividend payout was $0.79 per share
  • The average dividend over this 6 year span is $0.28 per share
  • GENCO SHIPPING & TRADING LTD has decreased its dividend payments by 14.29% since 2019

Company News

  • Genco Shipping & Trading Limited, a U.S. based drybulk ship owning company, has agreed to acquire a 2016-built 180,000 dwt high-specification Capesize vessel for $47.5 million. The acquisition is part of the company's strategy to reinvest proceeds from the sale of older vessels into high-quality Capesize vessels to increase its earnings power and modernize its fleet.

    Benzinga
  • Genco Shipping & Trading Limited announced that it will hold a conference call on August 8, 2024 to discuss its financial results for the second quarter of 2024, which will be released on August 7, 2024.

    GlobeNewswire Inc.
  • In the last three months, 4 analysts have published ratings on Genco Shipping & Trading (NYSE:GNK), offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 1 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $26.75, a high estimate of $30.00, and a low estimate of $23.00. Surpassing the previous average price target of $25.00, the current average has increased by 7.0%. Interpreting Analyst Ratings: A Closer Look A comprehensive examination of how financial experts perceive Genco Shipping & Trading is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Poe Fratt Alliance Global Partners Raises Buy $27.00 $25.00 Liam Burke B. Riley Securities Raises Buy $30.00 $27.00 Omar Nokta Jefferies Raises Buy $27.00 $26.00 Benjamin Nolan Stifel Raises Buy $23.00 $22.00 Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Genco Shipping & Trading. This offers insight into analysts' perspectives on the current state ...Full story available on Benzinga.com

    Benzinga
  • NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”) the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that Genco shareholders have overwhelmingly voted at the Company’s Annual Meeting to re-elect to the Company’s Board of Directors all seven of Genco’s highly qualified director nominees – James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan and John C. Wobensmith.

    GlobeNewswire Inc.
  • Sets the Record Straight on Economou’s Campaign

    GlobeNewswire Inc.
Dividend data last updated 06/06/2025 15:49:24 UTC