Genco Shipping & Trading Ltd Warrants Stock Dividends
GNK pays dividends quarterly. Last paid amount was $0.410 at Mar 13, 2024. As of today, dividend yield (TTM) is 5.09%.
Dividend Yield Range
AI Analysis of GNK
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.09% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 173.33% |
| Payout Ratio | 0 |
| Amount Per Share | $0.410 |
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Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 has not yet announced its next dividend date. Last payment date was: Mar 13, 2024.
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GNK Dividend Payout History
To ensure a understanding of GNK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Mar 05, 2024 | Mar 13, 2024 | $0.410 | 1.97% |
| 2 | Nov 08, 2023 | Nov 21, 2023 | Nov 30, 2023 | $0.150 | 0.97% |
| 3 | Aug 03, 2023 | Aug 15, 2023 | Aug 23, 2023 | $0.150 | 1.08% |
| 4 | May 02, 2023 | May 15, 2023 | Aug 23, 2023 | $0.150 | 1.08% |
| 5 | Feb 22, 2023 | Mar 06, 2023 | Mar 14, 2023 | $0.500 | 2.97% |
| 6 | Nov 08, 2022 | Nov 18, 2022 | Nov 28, 2022 | $0.780 | 5.39% |
| 7 | Aug 04, 2022 | Aug 15, 2022 | Aug 23, 2022 | $0.500 | 3.16% |
| 8 | May 04, 2022 | May 13, 2022 | May 24, 2022 | $0.790 | 3.22% |
| 9 | Feb 24, 2022 | Mar 09, 2022 | Mar 17, 2022 | $0.670 | 3.33% |
| 10 | Nov 03, 2021 | Nov 12, 2021 | Nov 22, 2021 | $0.150 | 1.06% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
GNK Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GNK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GNK stock here.
Comparing GNK to Sector and Country
GNK pays a solid dividend yield of 5.09%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.521%). GNK’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.39%), which means that there are more attractive dividend stocks to consider.
