GENCO SHIPPING & TRADING LTD
GNKGenco 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.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 24, 2025 | $0.15 | 2025-11-17 | 2025-11-17 |
| August 25, 2025 | $0.15 | 2025-08-18 | 2025-08-18 |
| May 30, 2025 | $0.15 | 2025-05-22 | 2025-05-22 |
| March 18, 2025 | $0.30 | 2025-03-11 | 2025-03-11 |
| November 25, 2024 | $0.40 | 2024-11-18 | 2024-11-18 |
Dividends Summary
- GENCO SHIPPING & TRADING LTD has issued 26 dividend payments over the past 6 years
- The most recent dividend was paid 14 days ago, on November 24, 2025
- The highest dividend payed out to investors during this period was $0.79 per share
- The average dividend paid during this period was $0.27 per share.
Company News
Genco Shipping & Trading Limited amended its shareholder rights plan, adjusting the beneficial ownership threshold to 10% and addressing potential competitor stock accumulation to protect shareholder interests.
Genco Shipping & Trading reported a challenging Q2 2025, with revenue declining 24.4% and adjusted net loss of $(0.14) per share, reflecting weak drybulk shipping market conditions. Despite financial pressures, the company maintained its quarterly dividend and continued fleet modernization efforts.
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...
Genco Shipping (GNK) delivered earnings and revenue surprises of 6.52% and 6.12%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
In the first half of 2023, the Suez Canal accounted for 12% of global trade, according to the International Monetary Fund.
