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

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

Today's Latest Price: $6.46 USD

0.13 (-1.97%)

Updated Oct 30 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • GNK has an EBITDA to net debt ratio of -0.16; for context, that's better than only 6.54% stocks in our set.
  • GNK's free cash flow has been growing at a compound average annual rate of -62% over the past 5.5 years -- higher than merely 12.94% of current US-listed dividend stocks.
  • 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: CLX, INTC, HAPP, MCEP and SJI.
GNK Ex-Dividend Date
GNK Dividend Yield
1.24%
GNK Annual Dividend
$0.08
GNK Payout Ratio

GNK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$6.46$11.46 59.38%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of GNK, the dividend discount model StockNews created for the company implies a positive return of 59.38%. To help understand and contextualize the model's evaluation of GNK, investors may wish to consider are:

  • GNK's market cap is about 275 million US dollars -- its dividend yield of 1.22 is greater than just 12.14% of its fellow stocks in the small market cap class.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, Genco Shipping & Trading Ltd's expected return of 59.38% is higher than 90.37% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, Genco Shipping & Trading Ltd bears a discount rate, according to our calculations, lower than 90.37% of them (lower discount rates are generally perceived as positive, and a sign of 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 7.34% 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 #25 of 49 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 DHT DHT Holdings, Inc. 40.34%
2 FRO Frontline Ltd. Ordinary Shares 35.40%
3 NNA Navios Maritime Acquisition Corporation Common stock 33.24%
4 NAT Nordic American Tankers Limited 27.59%
5 EURN Euronav NV Ordinary Shares 17.67%
6 GLOP GasLog Partners LP Common Units representing limited partnership interests 15.58%
7 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 15.48%
8 SFL Ship Finance International Limited 15.38%
9 OSGB Overseas Shipholding Group Inc 14.04%
10 TNP Tsakos Energy Navigation Ltd Common Shares 8.18%
11 GLOG GasLog Ltd. Common Shares 7.91%
12 CMRE Costamare Inc. $0.0001 par value 6.92%
13 GOGL Golden Ocean Group Limited 6.04%
14 TRTN Triton International Limited Common Shares 5.66%
15 CPLP Capital Product Partners L.P. - common units representing limited partner interests 5.54%
16 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
17 STNG Scorpio Tankers Inc. Common Shares 4.50%
18 CAI CAI International, Inc. 3.88%
19 NMM Navios Maritime Partners LP Common Limited Partner Interests 3.43%
20 INSW International Seaways, Inc. 1.86%
21 MATX Matson, Inc. 1.81%
22 ASC Ardmore Shipping Corporation 1.80%
23 SALT Scorpio Bulkers Inc. 1.79%
24 SBLK Star Bulk Carriers Corp. 1.63%
25 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 1.22%
26 NM Navios Maritime Holdings Inc. 0.00%
27 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
28 DLNG Dynagas LNG Partners LP Common Units 0.00%
29 TGH Textainer Group Holdings Limited Common Shares 0.00%
30 EGLE Eagle Bulk Shipping Inc. 0.00%
31 TK Teekay Corporation 0.00%
32 GASS StealthGas, Inc. - common stock 0.00%
33 DSX Diana Shipping inc. common stock 0.00%
34 SHIP Seanergy Maritime Holdings Corp 0.00%
35 OSG Overseas Shipholding Group, Inc. 0.00%
36 KEX Kirby Corporation 0.00%
37 TNK Teekay Tankers Ltd. 0.00%
38 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
39 GLBS Globus Maritime Limited 0.00%
40 DSS Document Security Systems, Inc. 0.00%
41 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
42 GLNG Golar LNG Limited 0.00%
43 ESEA Euroseas Ltd. 0.00%
44 PANL Pangaea Logistics Solutions Ltd. 0.00%
45 LPG Dorian LPG Ltd. 0.00%
46 GNRT Gener8 Maritime, Inc. 0.00%
47 DAC Danaos Corporation 0.00%
48 DRYS DryShips Inc. 0.00%
49 GSL Global Ship Lease Inc New Class A Common Shares 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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