Genco Shipping & Trading Ltd. (GNK) Dividends

Genco Shipping & Trading Ltd. (GNK): $15.70

-0.18 (-1.13%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


Ranked

of 44

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
12.59%
GNK Annual Dividend
$2.00
GNK Payout Ratio

GNK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$15.70$8.84 -62.11%

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. As for GNK, the dividend discount model StockNews created for the company implies a negative return of 62.11%. To help understand and contextualize the model's evaluation of GNK, investors may wish to consider are:

  • In comparison to stocks we observe that provide shareholders with a dividend, Genco Shipping & Trading Ltd's dividend yield of 11.48% is in the top 1.68000000000001%.
  • Amongst its dividend-issuing peers in the small-sized market cap category, GNK has a beta lower than merely 13.22% of them.
  • GNK's market cap of approximately $973 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 merely 15.83% of them.

GNK Dividend Chart


GNK Dividend History

Ex-Dividend Date Type Payout Amount Change
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GNK Dividends vs. Peers

GNK's dividend yield currently ranks #5 of 60 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 LPG Dorian LPG Ltd. 29.34%
2 SBLK Star Bulk Carriers Corp. 25.55%
3 ZIM ZIM Integrated Shipping Services Ltd. 22.54%
4 DSX Diana Shipping inc. common stock 20.07%
5 GNK Genco Shipping & Trading Ltd. 19.54%
6 NPNYY Nippon Yusen 19.39%
7 GOGL Golden Ocean Group Limited 18.32%
8 EGLE Eagle Bulk Shipping Inc. 15.97%
9 OSGB Overseas Shipholding Group Inc 14.04%
10 SHIP Seanergy Maritime Holdings Corp 13.78%
11 KNOP Knot Offshore Partners LP 11.90%
12 GRIN Grindrod Shipping Holdings Ltd. 9.64%
13 AMKBY A.P. Møller - Mærsk A/S 9.52%
14 OP OceanPal Inc. 8.87%
15 SFL Ship Finance International Limited 8.45%
16 ESEA Euroseas Ltd. 8.30%
17 GSL Global Ship Lease Inc. Cl A 7.74%
18 PANL Pangaea Logistics Solutions Ltd. 5.47%
19 SB Safe Bulkers Inc. 5.43%
20 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
21 CPLP Capital Product Partners L.P. 4.18%
22 DAC Danaos Corporation 4.09%
23 TRTN Triton International Ltd. 3.93%
24 CMRE Costamare Inc. 3.88%
25 GLOG GasLog Ltd. Common Shares 3.45%
26 NAT Nordic American Tankers Limited 3.02%
27 TGH Textainer Group Holdings Ltd. 2.98%
28 TNP Tsakos Energy Navigation Ltd Common Shares 2.81%
29 CAI CAI International, Inc. 2.14%
30 INSW International Seaways, Inc. 1.67%
31 NNA Navios Maritime Acquisition Corporation Common stock 1.44%
32 MATX Matson, Inc. 1.44%
33 SALT Scorpio Bulkers Inc. 1.00%
34 GLOP GasLog Partners LP Common Units representing limited partnership interests 0.72%
35 NMM Navios Maritime Partners L.P. 0.69%
36 NM Navios Maritime Holdings Inc. 0.00%
37 EDRY EuroDry Ltd. 0.00%
38 DLNG Dynagas LNG Partners LP 0.00%
39 TK Teekay Corporation 0.00%
40 GASS StealthGas, Inc. - common stock 0.00%
41 OSG Overseas Shipholding Group, Inc. 0.00%
42 TOPS TOP Ships Inc. 0.00%
43 KEX Kirby Corporation 0.00%
44 TNK Teekay Tankers Ltd. 0.00%
45 CRU Crude Carriers Corporation 0.00%
46 SINO Sino-Global Shipping America, Ltd. 0.00%
47 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
48 GLBS Globus Maritime Limited 0.00%
49 DSS Document Security Systems, Inc. 0.00%
50 NVGS Navigator Holdings Ltd. 0.00%
51 GLNG Golar LNG Limited 0.00%
52 NMCI Navios Maritime Containers L.P. 0.00%
53 TRMD TORM plc 0.00%
54 ASC Ardmore Shipping Corporation 0.00%
55 GNRT Gener8 Maritime, Inc. 0.00%
56 PXS Pyxis Tankers Inc. 0.00%
57 DRYS DryShips Inc. 0.00%
58 PSHG Performance Shipping Inc 0.00%
59 CTRM Castor Maritime Inc. 0.00%
60 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

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