Genco Shipping & Trading

NYSE GNK
$23.03 0.0000 0.0000%
Today share price
USA
Sector: Industrials Industry: Marine
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Index: 33 %
Market cap

Market capitalization – refers to the total value of all a company's shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares.

1.00B
EV

Enterprise value is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. Enterprise value includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

1.15B
Beta

Beta is one of the most popular indicators of risk is a statistical measure. Analysts use this measure often when they need to determine a stock's risk profile.

0.98
Shares

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s insiders.

43.61M
YTD

Year to date (YTD) refers to the period of time beginning the first day of the current calendar year or fiscal year up to the current date. he acronym often modifies concepts such as investment returns and price change.

38.82 %

Upcoming events Genco Shipping & Trading

All events
No upcoming events scheduled

Dividend

Dividend dates Genco Shipping & Trading

Last day to buy shares

The last day for purchase dividend stocks before the date of record.

20.05.2024
Record date

The date for fixing the fact of possession stocks in order to get dividends.

22.05.2024
Dividend per share

The sum of dividend pay-out in currency distributed among stockholders per each stock.

0.42$
Dividend Yield

The ratio of annual dividend per each stock to market stock price as a percentage.

1.82%

Dividend Metrics Genco Shipping & Trading

Dividend payout ratio

The ratio of the total amount of dividends that is paid out stockholders in relation to company’s net income.

-321.88%
Frequency of dividend payments

How often within a year does the company pay out dividends.

4
Continuous number of years dividend payment

How long does the company continuously pay out dividends.

5
5-Year Dividend Growth Rate

The growth rate of dividends over the past 5 years as a percentage

-
Dividend Growth 5 Year

How much dividends have grown over the past 5 years as a percentage

-
Dividend stability index

DSI shows how regularly the company has been paying and increasing dividends for the last 7 years.

0.29

History of dividends Genco Shipping & Trading from 2019 to 2024

Genco Shipping & Trading Dividends (GNK)

Dividends on Genco Shipping & Trading (GNK) stocks are a part of the profit that shareholders receive from the company. In order to pay dividends to shareholders and investors, the company must receive a net profit, for further distriburing among shareholders or have free cash flow.

Besides, in order to pay you dividends, it is necessary that the Board of Directors recommends dividends and the closing date of the register. Then at the shareholders' meeting the amount of Genco Shipping & Trading dividends and the date is approved by shareholders.

When is the time to buy Genco Shipping & Trading (GNK) stocks for dividends?

For receiving Genco Shipping & Trading’s dividends it’s necessary to buy the stocks of the company (GNK) no more than 2 days before the closing of the register on 22.05.2024, since stock exchange trading takes place in the T+2 mode. Thus, the last date when you need to buy stocks to receive Genco Shipping & Trading dividends will be 20.05.2024

For dividends you can track the date of the last day for purchasing Genco Shipping & Trading stocks (GNK) in Dividend Calendar.

How can I receive Genco Shipping & Trading (GNK) dividends?

To receive Genco Shipping & Trading (GNK) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend or the so-called register date.

The register is a list of Genco Shipping & Trading shareholders (GNK) with information on the number of stocks owned by the investor. Due to the fact that someone is constantly buying and selling company’s stocks on the stock exchange, it is necessary to fix the date of the register.

The closing date of the register for Genco Shipping & Trading (GNK) dividends was set for 22.05.2024.

Due to the T+2 trading mode, for receiving Genco Shipping & Trading’s dividends you must buy the stocks within at least two working days before the date, so that the last day to buy Genco Shipping & Trading stocks is to be 20.05.2024.

See the event caledar and the dividend calendar, as well as upcoming Genco Shipping & Trading events in order not to miss the dividends.

When will I receive Genco Shipping & Trading (GNK) dividends?

As a rule, investors receive dividends to a brokerage or bank account within the next 25 working days after the record date – 22.05.2024 at latest! Thus, Genco Shipping & Trading’s dividends should arrive no later than 0.42sDate.

Remember that after the cut-off date, Genco Shipping & Trading’s stocks usually decrease by the amount of the dividend paid per share. When the company is doing well and the market is positive, Genco Shipping & Trading’s dividend gap may be less than the dividend.

When is the deadline for the payment of dividends on Genco Shipping & Trading stocks (GNK) in 2024?

By the law, Genco Shipping & Trading is obliged to pay within the next 25 working days from the date of the 22.05.2024. Thus, the deadline for dividend payment on Genco Shipping & Trading stocks can be considered as 0.42sDate, but the company usually pays earlier than 25 working days.

How many Genco Shipping & Trading’s stocks do you need for receiving dividends?

For receiving Genco Shipping & Trading’s dividends, it is enough to buy or to own 1 share. If you buy 100 Genco Shipping & Trading’s stocks, you will receive dividends in the amount of 42 $ for it. Last time, the board of directors recommended to pay 0.42 $ per share.

How much will I receive as dividends per one Genco Shipping & Trading (GNK) share?

According to the last recommendations of Genco Shipping & Trading’s board of directors, you will receive 0.42 $ as dividend payment.

Where can I see Genco Shipping & Trading (GNK) dividends that has been paid out)?

The history of Genco Shipping & Trading’s dividend payment is reflected in the Genco Shipping & Trading’s card in the tab Dividends.

What dividend yield on Genco Shipping & Trading (GNK) stocks will I get?

The dividend yield of Genco Shipping & Trading’s stocks is the ratio of the dividend amount per share to the current market price, and is expressed as a percentage. Thus, the recommended dividend is 0.42 $, that means that your current dividend yield on Genco Shipping & Trading’s stocks is 1.82%.

It is important to remember that a high dividend yield is not a reason to buy Genco Shipping & Trading stocks! Therefore, before making an investment decision, we recommend to analyze the dynamics of financial indicators and Genco Shipping & Trading’s multipliers. You should also compare rivals, as you may find a much more profitable investment idea.

How often does Genco Shipping & Trading (GNK) pay dividends?

Lately Genco Shipping & Trading has been paying dividends 4 time a year. See the history of Genco Shipping & Trading’s dividends in order to check and verify the frequency of dividend payments as Genco Shipping & Trading’s dividend policy may change or the company may pay special dividends. The more often a company pays dividends, the more stable the investor's cash flow is.

All information and dividend data for Genco Shipping & Trading stocks you may see on a given page above.