Genco Shipping Trading Limited (GNK)

• Genco Shipping Trading Limited (GNK) currently pays a dividend of $0.34 per share with annual dividend yield of 8.34% and price-to-earnings ratio of 8.3584.
• Genco Shipping Trading Limited (GNK) pays out a dividend four times per year. Quarterly payment frequency should be carefully considered as it can affect investors’ investment strategy.
• Genco Shipping Trading Limited (GNK) most recent ex-dividend date occurred on August 19, 2024 with dividend payment of $0.34 per share received on August 26, 2024. Shareholders eligible for this dividend payment owned GNK stock before or on this ex-dividend date.

Table below shows the detailed dividend history of Genco Shipping Trading Limited Stock (GNK). In 2024, the first Genco Shipping Trading Limited’s dividend date was on March 05, 2024 with a dividend of $0.41 per share, representing a 173.33% increase from $0.15 per share on November 21, 2023. This rise in GNK’s dividend pay out can signal a positive financial performance of the company; however, further research should be conducted to understand the company’s change in dividend payment. We recommend investors to review dividend dates and payments carefully with the aim to gain insights on the company’s strategy.