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: $8.88 USD

0.07 (-0.78%)

Updated Jan 20 6:40pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 53 in Shipping

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • GNK has an EBITDA to net debt ratio of -0.21; for context, that's better than merely 6.51% stocks in our set.
  • Free cash flow for GNK has a compound average growth rate of -51.18%, which is higher than just 14.75% of 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: YPF, ATRI, QIWI, OSG and NGVC.
GNK Ex-Dividend Date
GNK Dividend Yield
GNK Annual Dividend
GNK Payout Ratio

GNK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$8.88$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 58 vs. its peers in the Shipping category.
Rank Symbol Name Dividend Yield
1 FRO Frontline Ltd. Ordinary Shares 32.41%
2 TRMD TORM plc 22.43%
3 EURN Euronav NV Ordinary Shares 17.19%
4 DHT DHT Holdings, Inc. 14.60%
5 OSGB Overseas Shipholding Group Inc 14.04%
6 KNOP KNOT Offshore Partners LP Common Units representing Limited Partner Interests 11.93%
7 SFL Ship Finance International Limited 8.84%
8 TNP Tsakos Energy Navigation Ltd Common Shares 5.66%
9 NAT Nordic American Tankers Limited 5.59%
10 NNA Navios Maritime Acquisition Corporation Common stock 5.41%
11 SSW Seaspan Corporation Seaspan Corporation Common Shares 5.05%
12 CMRE Costamare Inc. $0.0001 par value 4.63%
13 TRTN Triton International Limited Common Shares 4.56%
14 GLOG GasLog Ltd. Common Shares 4.21%
15 CPLP Capital Product Partners L.P. - common units representing limited partner interests 4.15%
16 STNG Scorpio Tankers Inc. Common Shares 3.09%
17 CAI CAI International, Inc. 2.91%
18 ASC Ardmore Shipping Corporation 1.52%
19 INSW International Seaways, Inc. 1.39%
20 NMM Navios Maritime Partners LP Common Limited Partner Interests 1.37%
21 MATX Matson, Inc. 1.36%
22 NPNYY Nippon Yusen 1.23%
23 SALT Scorpio Bulkers Inc. 1.14%
24 GLOP GasLog Partners LP Common Units representing limited partnership interests 1.12%
25 GOGL Golden Ocean Group Limited 0.91%
26 GNK Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) 0.90%
27 SBLK Star Bulk Carriers Corp. 0.44%
28 NM Navios Maritime Holdings Inc. 0.00%
29 SB Safe Bulkers, Inc ($0.001 par value) 0.00%
30 EDRY EuroDry Ltd. 0.00%
31 DLNG Dynagas LNG Partners LP Common Units 0.00%
32 TGH Textainer Group Holdings Limited Common Shares 0.00%
33 EGLE Eagle Bulk Shipping Inc. 0.00%
34 TK Teekay Corporation 0.00%
35 GASS StealthGas, Inc. - common stock 0.00%
36 DSX Diana Shipping inc. common stock 0.00%
37 SHIP Seanergy Maritime Holdings Corp 0.00%
38 OSG Overseas Shipholding Group, Inc. 0.00%
39 TOPS TOP Ships Inc. 0.00%
40 KEX Kirby Corporation 0.00%
41 TNK Teekay Tankers Ltd. 0.00%
42 SINO Sino-Global Shipping America, Ltd. 0.00%
43 TOO Teekay Offshore Partners L.P. Common Units representing Limited Partner Interests 0.00%
44 GLBS Globus Maritime Limited 0.00%
45 DSS Document Security Systems, Inc. 0.00%
46 NVGS Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) 0.00%
47 GLNG Golar LNG Limited 0.00%
48 ESEA Euroseas Ltd. 0.00%
49 NMCI Navios Maritime Containers L.P. 0.00%
50 PANL Pangaea Logistics Solutions Ltd. 0.00%
51 LPG Dorian LPG Ltd. 0.00%
52 GNRT Gener8 Maritime, Inc. 0.00%
53 DAC Danaos Corporation 0.00%
54 DRYS DryShips Inc. 0.00%
55 GSL Global Ship Lease Inc New Class A Common Shares 0.00%
56 MSLOY Mitsui O.S.K. Lines, Ltd. 0.00%
57 CRU Crude Carriers Corporation 0.00%
58 PSHG Performance Shipping Inc 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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