Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) Dividends

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK): $14.33

-1.01 (-6.58%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Add GNK to Watchlist
Sign Up

Industry: Shipping


Ranked

of 46

in industry

Dividend Yield and Dividend History Highlights

  • As for its free cash flow/dividend ratio, GNK's comes in at -30.73 -- better than 4.77% of other US-listed dividend issuers.
  • GNK has an EBITDA to net debt ratio of -0.09; for context, that's better than 4.47% stocks in our set.
  • If you're seeking price stability while collecting dividends, note that GNK has less volatility in its price than merely 2.19% of US stocks in our dividend set.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with GNK that may be suitable potential portfolio mates: STM, ATNI, PEGA, CLWT and SRT.
GNK Ex-Dividend Date
GNK Dividend Yield
4.19%
GNK Annual Dividend
$0.60
GNK Payout Ratio

GNK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$14.33$3.97 -75.31%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of GNK, the dividend discount model StockNews created for the company implies a negative return of 75.31%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Genco Shipping & Trading Ltd are:

  • In comparison to other stocks in the Industrials sector, Genco Shipping & Trading Ltd offers a higher dividend yield than 93.89% of them.
  • Compared to other dividend issuers in the small-sized market cap category, GNK has a beta lower than just 12.55% of them.
  • GNK's market cap of approximately $652 million makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than just 11.62% of them.

GNK Dividend Chart


GNK Dividend History

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...


GNK Dividends vs. Peers

GNK's dividend yield currently ranks #14 of 63 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 GOGL Golden Ocean Group Limited 38.86%
2 SBLK Star Bulk Carriers Corp. 23.47%
3 EGLE Eagle Bulk Shipping Inc. 18.71%
4 LPG Dorian LPG Ltd. 16.64%
5 ZIM ZIM Integrated Shipping Services Ltd. 16.30%
6 GRIN Grindrod Shipping Holdings Ltd. 16.13%
7 OSGB Overseas Shipholding Group Inc 14.04%
8 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 12.98%
9 DSX Diana Shipping inc. common stock 10.44%
10 SFL Ship Finance International Limited 8.74%
11 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
12 TRTN Triton International Ltd. 4.20%
13 GSL Global Ship Lease Inc. Cl A 4.07%
14 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 3.91%
15 NPNYY Nippon Yusen 3.70%
16 CMRE Costamare Inc. 3.57%
17 PANL Pangaea Logistics Solutions Ltd. 3.55%
18 GLOG GasLog Ltd. Common Shares 3.45%
19 STNG Scorpio Tankers Inc. Common Shares 3.17%
20 TGH Textainer Group Holdings Ltd. 2.66%
21 CPLP Capital Product Partners L.P. - common units representing limited partner interests 2.53%
22 NAT Nordic American Tankers Limited 2.45%
23 DAC Danaos Corporation 2.44%
24 CAI CAI International, Inc. 2.14%
25 INSW International Seaways, Inc. 1.66%
26 DHT DHT Holdings, Inc. 1.56%
27 NNA Navios Maritime Acquisition Corporation Common stock 1.44%
28 TNP Tsakos Energy Navigation Ltd Common Shares 1.36%
29 MATX Matson, Inc. 1.31%
30 SALT Scorpio Bulkers Inc. 1.00%
31 AMKBY A.P. Møller - Mærsk A/S 0.98%
32 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.92%
33 EURN Euronav NV Ordinary Shares 0.90%
34 NMM Navios Maritime Partners L.P. 0.76%
35 NM Navios Maritime Holdings Inc. 0.00%
36 SB Safe Bulkers Inc. 0.00%
37 EDRY EuroDry Ltd. 0.00%
38 DLNG Dynagas LNG Partners LP Common Units 0.00%
39 TK Teekay Corporation 0.00%
40 GASS StealthGas, Inc. - common stock 0.00%
41 SHIP Seanergy Maritime Holdings Corp 0.00%
42 OSG Overseas Shipholding Group, Inc. 0.00%
43 TOPS TOP Ships Inc. 0.00%
44 KEX Kirby Corporation 0.00%
45 TNK Teekay Tankers Ltd. 0.00%
46 CRU Crude Carriers Corporation 0.00%
47 SINO Sino-Global Shipping America, Ltd. 0.00%
48 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
49 FRO Frontline Ltd. Ordinary Shares 0.00%
50 GLBS Globus Maritime Limited 0.00%
51 DSS Document Security Systems, Inc. 0.00%
52 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
53 GLNG Golar LNG Limited 0.00%
54 ESEA Euroseas Ltd. 0.00%
55 NMCI Navios Maritime Containers L.P. 0.00%
56 TRMD TORM plc 0.00%
57 ASC Ardmore Shipping Corporation 0.00%
58 GNRT Gener8 Maritime, Inc. 0.00%
59 PXS Pyxis Tankers Inc. 0.00%
60 DRYS DryShips Inc. 0.00%
61 PSHG Performance Shipping Inc 0.00%
62 CTRM Castor Maritime Inc. 0.00%
63 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%

Looking for More Information on GNK dividends?

Want to see what other sources are saying about Genco Shipping & Trading Ltd's dividends? Try the links below:

Genco Shipping & Trading Ltd Common Stock (GNK) Dividend History | Nasdaq
Dividend History for Genco Shipping & Trading Ltd (GNK) - Dividend Investor
Genco Shipping & Trading Ltd (GNK) Dividend History - Seeking Alpha

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.8557 seconds.