Genco Shipping & Trading Limited
GNK
Price:
$16.025
Market Cap:
$685.20M
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.[Read more]
Industry
Marine Shipping
IPO Date
2014-07-15
Stock Exchange
NYSE
Ticker
GNK
PE Ratio
[47.13]
ROE
[1.66%]
Current Ratio
[3.59]
Dividend Yield
[8.24%]
Enterprise Value
[742.29M]
Dividend History
The Dividend Yield as of November 2024 (TTM) for Genco Shipping & Trading Limited (GNK) is 8.24%
According to Genco Shipping & Trading Limited’s latest financial reports and current stock price. The company's current Dividend Yield is 8.24%. This represents a change of 455.33% compared to the average of 1.48% of the last 4 quarters.
Genco Shipping & Trading Limited (GNK) Historical Dividend Yield (quarterly & annually)
How has GNK Dividend Yield performed in the past?
The mean historical Dividend Yield of Genco Shipping & Trading Limited over the last ten years is 3.36%. The current 8.24% Dividend Yield has changed 145.08% with respect to the historical average. Over the past ten years (40 quarters), GNK's Dividend Yield was at its highest in in the December 2022 quarter at 5.05%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0%.
Average
3.36%
Median
1.09%
Minimum
0%
Maximum
17.76%
Genco Shipping & Trading Limited (GNK) Dividend Yield by Quarter and Year
Discovering the peaks and valleys of Genco Shipping & Trading Limited Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Dividend Yield = 17.76%
Minimum Annual Increase = 0%
Minimum Annual Dividend Yield = 0%
| Year | Dividend Yield | Change |
|---|---|---|
| 2023 | 5.77% | -67.54% |
| 2022 | 17.76% | 787.99% |
| 2021 | 2.00% | -37.34% |
| 2020 | 3.19% | -32.18% |
| 2019 | 4.71% | Infinity% |
| 2018 | 0% | 0% |
| 2017 | 0% | 0% |
| 2016 | 0% | 0% |
| 2015 | 0% | -100.00% |
| 2014 | 0.18% | -87.85% |
Genco Shipping & Trading Limited (GNK) Average Dividend Yield
How has GNK Dividend Yield performed in the past?
The current Dividend Yield of Genco Shipping & Trading Limited (GNK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.51%
5-year avg
6.69%
10-year avg
3.36%
Genco Shipping & Trading Limited (GNK) Dividend Yield vs. Peers
How is GNK’s Dividend Yield compared to its peers?
Genco Shipping & Trading Limited’s Dividend Yield is less than Star Bulk Carriers Corp. (11.15%), less than Golden Ocean Group Limited (9.25%), less than Global Ship Lease, Inc. (6.52%), less than Danaos Corporation (3.91%), less than Eagle Bulk Shipping Inc. (1.12%), less than Diana Shipping Inc. (16.78%), less than Costamare Inc. (4.14%), less than Ardmore Shipping Corporation (7.64%), greater than OceanPal Inc. (0%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 11.15% | $2.26B | |
| 9.25% | $2.16B | |
| 6.52% | $851.71M | |
| 3.91% | $1.58B | |
| 1.12% | $693.38M | |
| 16.78% | $279.72M | |
| 4.14% | $1.66B | |
| 7.64% | $580.55M | |
| 0% | $11.19M |
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