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Genco Shipping & Trading (GNK) Dividend Yield, Date & History

Genco Shipping & Trading logo
$13.95 -0.08 (-0.57%)
Closing price 05/20/2025 03:58 PM Eastern
Extended Trading
$13.92 -0.03 (-0.22%)
As of 07:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Genco Shipping & Trading Dividend Summary

Dividend Yield
4.30%
Annual Dividend
$0.60
Next
Dividend Payment
May. 30
Annualized 3-Year
Dividend Growth
69.92%
Dividend Payout Ratio
57.69%

Genco Shipping & Trading (GNK) pays an annual dividend of $0.60 per share, with a dividend yield of 4.30%. The next quarterly payment of $0.15 per share is scheduled for Friday, May 30, to investors who own the stock before the ex-dividend date of Thursday, May 22. The company currently pays out 57.69% of its earnings and 26.24% of its cash flow as dividends.

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GNK Dividend Payments by Quarter

The chart below displays up to four years of Genco Shipping & Trading's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GNK Dividend Yield Over Time

The chart below tracks Genco Shipping & Trading's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Genco Shipping & Trading vs. The Competition

Compare Genco Shipping & Trading's annual dividend, yield, and 3-year growth rate with averages for Transportation and NYSE companies to evaluate its performance against the market.

TypeGenco Shipping & TradingTransportation CompaniesNYSE Companies
Annual Dividend$0.60$0.01$1.42
Dividend Yield4.30%3.78%3.84%
Annualized 3-Year Dividend Growth69.92%18.99%11.29%

Genco Shipping & Trading Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings57.69%
Based on This Year's Estimate125.00%
Based on Next Year's Estimate53.10%
Based on Cashflow26.24%

Genco Shipping & Trading Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
5/20/2025$0.15-$0.15
50.00%
4.28%5/22/20255/23/20255/30/2025
2/19/2025quarterly$0.30-$0.10
25.00%
11%3/11/20253/11/20253/18/2025
11/6/2024Quarterly$0.40+$0.06
17.65%
9.1%11/18/202411/18/202411/25/2024
8/7/2024quarterly$0.34-$0.08
19.05%
9.6%8/19/20248/19/20248/26/2024
5/8/2024quarterly$0.42+$0.01
2.44%
7.4%5/21/20245/22/20245/30/2024
2/21/2024Quarterly$0.41+$0.26
173.33%
8.41%3/5/20243/6/20243/13/2024
11/8/2023quarterly$0.15 - 4.4%11/21/202311/22/202311/30/2023
8/3/2023Quarterly$0.15 - 4.3%8/15/20238/16/20238/23/2023

This table shows Genco Shipping & Trading's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Genco Shipping & Trading Dividend - Frequently Asked Questions

The current dividend yield for Genco Shipping & Trading is 4.30%. Learn more on GNK's dividend yield history.

The annual dividend for GNK shares is $0.60. Learn more on GNK's annual dividend history.

Genco Shipping & Trading pays quarterly dividends to shareholders.

Genco Shipping & Trading's next quarterly dividend payment of $0.15 per share will be made to shareholders on Friday, May 30, 2025.

Genco Shipping & Trading's most recent quarterly dividend payment of $0.30 per share was made to shareholders on Tuesday, March 18, 2025.

Genco Shipping & Trading's next ex-dividend date is Thursday, May 22, 2025.

Genco Shipping & Trading's most recent ex-dividend date was Tuesday, March 11, 2025.

Over the past three years, the company's dividend has grown by an average of 69.92% per year.

The most recent change in the company's dividend was a decrease of $0.15 on Tuesday, May 20, 2025.

The dividend payout ratio for GNK is:
  • 57.69% based on the trailing year of earnings
  • 125.00% based on this year's estimates
  • 53.10% based on next year's estimates
  • 26.24% based on cash flow

Genco Shipping & Trading's dividend yield of 8.44% is higher than the average Transportation company that issues a dividend. GNK has a dividend yield higher than 75% of all dividend-paying stocks 5.8, making it a leading dividend payer. Genco Shipping & Trading's dividend payout ratio of 57.69% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Genco Shipping & Trading stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:GNK) was last updated on 5/21/2025 by MarketBeat.com Staff
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