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

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK): $15.23

-0.13 (-0.85%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


Ranked

of 49

in industry

Dividend Yield and Dividend History Highlights

  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -30.73 -- higher than 4.62% of other dividend issuers in the US.
  • In terms of debt burden relative to earnings, GNK has an EBITDA to net debt ratio of -0.09, ranking above 5.64% stocks in our set.
  • If you're seeking price stability while collecting dividends, note that GNK has less volatility in its price than 8.46% of US stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with GNK's price: PAAS, HBB, FTI, RKT and HIHO.
GNK Ex-Dividend Date
GNK Dividend Yield
0.53%
GNK Annual Dividend
$0.08
GNK Payout Ratio

GNK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$15.23$12.14 69.5%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of GNK, the DDM model generated by StockNews estimates a return of positive 69.5% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Genco Shipping & Trading Ltd are:

  • GNK's market cap is about 308 million US dollars -- its dividend yield of 1.09 is greater than just 12.94% of its fellow stocks in the small market cap class.
  • In comparison to other US listed dividend yielding stocks in the Industrials sector, Genco Shipping & Trading Ltd's expected return of 69.5% is higher than 92.69% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, GNK has a discount rate lower than 92.69% of them (a lower discount rate is associated with lower risk).
  • In comparison to its fellow dividend issuing stocks in the Industrials sector, Genco Shipping & Trading Ltd has an equity discount rate lower than 8.68% 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 #26 of 61 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 FRO Frontline Ltd. Ordinary Shares 15.23%
2 OSGB Overseas Shipholding Group Inc 14.04%
3 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 11.07%
4 TRMD TORM plc 9.35%
5 SFL Ship Finance International Limited 6.83%
6 NNA Navios Maritime Acquisition Corporation Common stock 6.23%
7 TNP Tsakos Energy Navigation Ltd Common Shares 5.30%
8 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
9 TRTN Triton International Ltd. 4.44%
10 CMRE Costamare Inc. 3.91%
11 DHT DHT Holdings, Inc. 3.46%
12 GLOG GasLog Ltd. Common Shares 3.41%
13 CPLP Capital Product Partners L.P. - common units representing limited partner interests 3.26%
14 CAI CAI International, Inc. 2.85%
15 NAT Nordic American Tankers Limited 2.46%
16 PSHG Performance Shipping Inc 2.34%
17 PANL Pangaea Logistics Solutions Ltd. 2.27%
18 STNG Scorpio Tankers Inc. Common Shares 2.02%
19 MATX Matson, Inc. 1.49%
20 GLOP GasLog Partners LP Common Units representing limited partnership interests 1.32%
21 INSW International Seaways, Inc. 1.20%
22 SALT Scorpio Bulkers Inc. 1.00%
23 EURN Euronav NV Ordinary Shares 0.85%
24 NPNYY Nippon Yusen 0.77%
25 NMM Navios Maritime Partners LP Common Limited Partner Interests 0.69%
26 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 0.52%
27 NM Navios Maritime Holdings Inc. 0.00%
28 SBLK Star Bulk Carriers Corp. 0.00%
29 ZIM ZIM Integrated Shipping Services Ltd. 0.00%
30 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
31 EDRY EuroDry Ltd. 0.00%
32 DLNG Dynagas LNG Partners LP Common Units 0.00%
33 TGH Textainer Group Holdings Ltd. 0.00%
34 EGLE Eagle Bulk Shipping Inc. 0.00%
35 TK Teekay Corporation 0.00%
36 GASS StealthGas, Inc. - common stock 0.00%
37 DSX Diana Shipping inc. common stock 0.00%
38 SHIP Seanergy Maritime Holdings Corp 0.00%
39 OSG Overseas Shipholding Group, Inc. 0.00%
40 TOPS TOP Ships Inc. 0.00%
41 KEX Kirby Corporation 0.00%
42 TNK Teekay Tankers Ltd. 0.00%
43 CRU Crude Carriers Corporation 0.00%
44 SINO Sino-Global Shipping America, Ltd. 0.00%
45 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
46 GLBS Globus Maritime Limited 0.00%
47 DSS Document Security Systems, Inc. 0.00%
48 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
49 GLNG Golar LNG Limited 0.00%
50 ESEA Euroseas Ltd. 0.00%
51 NMCI Navios Maritime Containers L.P. 0.00%
52 GOGL Golden Ocean Group Limited 0.00%
53 ASC Ardmore Shipping Corporation 0.00%
54 LPG Dorian LPG Ltd. 0.00%
55 GNRT Gener8 Maritime, Inc. 0.00%
56 DAC Danaos Corporation 0.00%
57 PXS Pyxis Tankers Inc. 0.00%
58 DRYS DryShips Inc. 0.00%
59 CTRM Castor Maritime Inc. 0.00%
60 GSL Global Ship Lease Inc. Cl A 0.00%
61 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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