Genco Shipping & Trading Limited
Dividend Yield & History

Last updated:

Its most recent quarterly dividend was paid to shareholders on 22 Nov 2021. In trailing 12 Months, 82.74% of the company’s earnings is paid out as dividends.

GNK Most Recent Dividend 22 Nov 2021
GNK Dividend Yield TTM 11.28%
GNK Payout Ratio TTM 82.74% (Trailing 12 Months of Earnings)
Genco Shipping & Trading Limited (NYSE:GNK): Payout ratio
Payout ratio 82.74%

Genco Shipping & Trading Limited stock dividend per share (2019 – 2021)

Genco Shipping & Trading Limited (NYSE:GNK): Dividend per share
2019 $0.18
2020 $0.23
2021 $0.32

Genco Shipping & Trading Limited stock dividend yield (2019 – 2021)

Genco Shipping & Trading Limited (NYSE:GNK): Dividend Yield
2019 4.71%
2020 3.19%
2021 2%

Genco Shipping & Trading Limited stock dividend history by quarter (2019 – 2021)

Date Dividend Dividend adjustment Declaration date Record date Payment date
12 Nov 2021 $0.15000 $0.15000 3 Nov 2021 15 Nov 2021 22 Nov 2021
16 Aug 2021 $0.10000 $0.10000 4 Aug 2021 17 Aug 2021 25 Aug 2021
14 May 2021 $0.05000 $0.05000 17 May 2021 25 May 2021
9 Mar 2021 $0.02000 $0.02000 24 Feb 2021 10 Mar 2021 17 Mar 2021
16 Nov 2020 $0.02000 $0.02000 4 Nov 2020 17 Nov 2020 25 Nov 2020
14 Aug 2020 $0.02000 $0.02000 5 Aug 2020 17 Aug 2020 25 Aug 2020
15 May 2020 $0.02000 $0.02000 6 May 2020 18 May 2020 28 May 2020
5 Mar 2020 $0.17500 $0.17500 26 Feb 2020 6 Mar 2020 16 Mar 2020
20 Nov 2019 $0.17500 $0.50000 6 Nov 2019 21 Nov 2019 5 Dec 2019

Genco Shipping & Trading Limited Dividend FAQs

Does Genco Shipping & Trading Limited pay dividends?

Yes, Genco Shipping & Trading Limited pays dividends to its shareholders. The current dividend yield for the trailing 12 months is at 11.28%.

When does Genco Shipping & Trading Limited pay dividends?

The last payment date was on 22 Nov 2021.

How much does Genco Shipping & Trading Limited pay in dividends?

The most recent quarterly dividend was $0.15. The total yearly dividend (TTM) amounted to $0, per share.

What is dividend?

Dividend is money paid to shareholders of a company as a reward for their investment in the company's equity. Most often, they are paid out in form of cash or additional stocks.

How do dividends work?

Dividends are paid per share, meaning for every share held a shareholder gets a declared percentage of the company’s net earnings. Dividend payouts are usually on an annual or quarterly basis.

What is a dividend payout ratio?

The percentage of a company's total earnings that is paid to its shareholders.

How to calculate the dividend payout ratio?

The dividend ratio can be calculated by dividing the annual amount paid out in dividends by net earnings of the company.

What is the dividend yield?

The dividend yield determines the rate of return to shareholders of a company via dividends.

How to calculate the dividend yield?

The dividend yield can be calculated by dividing the annual dividends per share by the price per share.

What is the declaration date of dividend?

The declaration date is the day when a company announces its nearest dividend payment date.

What is the ex-dividend date of dividend?

If you buy shares of a company before its ex-dividend date, you are sure to be paid the nearest scheduled dividend on the payment date. Conversely, all shareholders who sold their shares prior to this date will not receive the next scheduled dividend.

What is the record date of dividend?

If an investor is listed as a shareholder of a company on this day, they are eligible to receive the nearest scheduled dividend. The record date is one business day after the ex-dividend date.

What is the payment date of dividend?

The payment date is a day when the dividends are paid out to all shareholders eligible to receive the latest dividend.