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 |
| Next Ex-Dividend Date | May 21, 2024 |
| Next Payment Date | May 30, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from GNK the purchase should be done within the next 9 days.
Here's a simple guide on how to buy GNK stock.
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 | |
|---|---|---|---|---|---|
| 11 | Nov 03, 2021 | Nov 12, 2021 | Nov 22, 2021 | $0.150 | 1.06% |
| 12 | Aug 04, 2021 | Aug 16, 2021 | Aug 25, 2021 | $0.100 | 0.517% |
| 13 | May 05, 2021 | May 14, 2021 | May 25, 2021 | $0.0500 | 0.324% |
| 14 | Feb 24, 2021 | Mar 09, 2021 | Mar 17, 2021 | $0.0200 | 0.171% |
| 15 | Nov 04, 2020 | Nov 16, 2020 | Nov 25, 2020 | $0.0200 | 0.277% |
| 16 | Aug 05, 2020 | Aug 14, 2020 | Aug 25, 2020 | $0.0200 | 0.279% |
| 17 | May 06, 2020 | May 15, 2020 | May 28, 2020 | $0.0200 | 0.413% |
| 18 | Feb 26, 2020 | Mar 05, 2020 | Mar 16, 2020 | $0.175 | 3.77% |
| 19 | Nov 06, 2019 | Nov 20, 2019 | Dec 05, 2019 | $0.500 | 5.00% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
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 (0.516%). GNK’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.12%), which means that there are more attractive dividend stocks to consider.
