Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) Dividends
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 Price Forecast Based on Dividend Discount Model
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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
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GNK Dividends vs. Peers
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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