Genco Shipping & Trading Ltd Dividend
Genco Shipping & Trading Ltd Dividend history 5 years & estimates 2024 to 2026
Dividend Analysis of the Genco Shipping & Trading Ltd Stock
| Current dividend yield | 4.32 % |
| Dividendenrendite 5 Jahre | 7.12 % |
| Dividend Yield 10Y | 2.95 % |
| Payout 3Y | 3.48 % |
When does Genco Shipping & Trading Ltd pay a dividend?
The Genco Shipping & Trading Ltd stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Genco Shipping & Trading Ltd stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, May, August and November . Dividends from Genco Shipping & Trading Ltd are distributed via March, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.4
$0.4
|
Nov 18 2024
Nov 18 2024
Nov 25 2024
Nov 18 24
Nov 25 24 |
Nov 25 2024 |
quarterly
quarterly
|
| 2024 |
$0.34
$0.34
|
Aug 19 2024
Aug 19 2024
Aug 26 2024
Aug 19 24
Aug 26 24 |
Aug 26 2024 |
quarterly
quarterly
|
| 2024 |
$0.42
$0.42
|
May 21 2024
May 21 2024
May 30 2024
May 21 24
May 30 24 |
May 30 2024 |
quarterly
quarterly
|
| 2023 |
$0.41
$0.41
|
Mar 05 2024
Mar 05 2024
Mar 13 2024
Mar 05 24
Mar 13 24 |
Mar 13 2024 |
quarterly
quarterly
|
| 2023 |
$0.15
$0.15
|
Nov 21 2023
Nov 21 2023
Nov 30 2023
Nov 21 23
Nov 30 23 |
Nov 30 2023 |
quarterly
quarterly
|
| 2023 |
$0.15
$0.15
|
Aug 15 2023
Aug 15 2023
Aug 23 2023
Aug 15 23
Aug 23 23 |
Aug 23 2023 |
quarterly
quarterly
|
| 2023 |
$0.15
$0.15
|
May 15 2023
May 15 2023
May 23 2023
May 15 23
May 23 23 |
May 23 2023 |
quarterly
quarterly
|
| 2022 |
$0.5
$0.5
|
Mar 06 2023
Mar 06 2023
Mar 14 2023
Mar 06 23
Mar 14 23 |
Mar 14 2023 |
quarterly
quarterly
|
| 2022 |
$0.78
$0.78
|
Nov 18 2022
Nov 18 2022
Nov 28 2022
Nov 18 22
Nov 28 22 |
Nov 28 2022 |
quarterly
quarterly
|
| 2022 |
$0.5
$0.5
|
Aug 15 2022
Aug 15 2022
Aug 23 2022
Aug 15 22
Aug 23 22 |
Aug 23 2022 |
quarterly
quarterly
|
How much dividend does Genco Shipping & Trading Ltd pay?
Genco Shipping & Trading Ltd most recently paid a dividend of $0.40. Genco Shipping & Trading Ltd paid a Dividend of $0.86 Per Share in the financial year 2023. With a stock price of $17.04 at Nov 25 2024, the current dividend yield is 5.05% (calculation: $0.86 / $17.04 = 5.05%). No special dividend was paid.
What is the Genco Shipping & Trading Ltd Dividend Yield and payout ratio?
The average Genco Shipping & Trading Ltd dividend yield over the last 5 years is 7.62% and the average over the last 10 years is 1.91%.
The payout ratio of Genco Shipping & Trading Ltd in relation to the last financial year is -286.67%. The payout ratio smoothed over 3 years is 57.37%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Genco Shipping & Trading Ltd |
|---|---|
| Current dividend yield | 5.05% |
| Dividend Yield 5Y | 7.62% |
| Dividend Yield 10Y | 1.91% |
| Payout 1Y | -286.67% |
| Payout 3Y | 57.37% |
Is the Genco Shipping & Trading Ltd dividend safe? Continuity & Dividend Growth
Is the Genco Shipping & Trading Ltd dividend safe?
Genco Shipping & Trading Ltd has been paying a dividend for 5 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
The Dividend Growth in relation to the previous financial year amounts to -66.54%.
| Metric | Genco Shipping & Trading Ltd |
|---|---|
| Increased | 0 Years |
| Continuity | 0 Years |
| Paid | 5 Years |
| Growth 1Y | -66.54% |
Continuity
Genco Shipping & Trading Ltd has been paying a dividend for 5 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to -66.54%.
Genco Shipping & Trading Ltd Stock Forecast 2024
On the stock exchange, the Genco Shipping & Trading Ltd stock (ISIN: MHY2685T1313) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Genco Shipping & Trading Ltd 2.71% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Genco Shipping & Trading Ltd stock price in real time at the top of the page.
Genco Shipping & Trading Ltd (symbol: GNK) is valued at a Price / Earnings Ratio (P/E ratio) of 10.83 and a price/sales ratio (P/S ratio) of 1.66 valued. Based on analyst estimates, the Genco Shipping & Trading Ltd stock forecast 2024 of the current financial year corresponds to a valuation of 8.93 according to P/E ratio and 2.46 according to P/S.
| Metric | Genco Shipping & Trading Ltd |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
2.71%
|
| P/E TTM | 10.83 |
| P/S TTM | 1.66 |
| P/E forward | 8.93 |
| P/S forward | 2.46 |
Genco Shipping & Trading Ltd (symbol: GNK) is valued at a Price / Earnings Ratio (P/E ratio) of 10.83 and a price/sales ratio (P/S ratio) of 1.66 valued. Based on analyst estimates, the Genco Shipping & Trading Ltd stock forecast 2024 of the current financial year corresponds to a valuation of 8.93 according to P/E ratio and 2.46 according to P/S.
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