Genco Shipping Trading (GNK) Dividend History & Analysis

Track McKesson's (GNK) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 9.70%
Dividends per Share 12m 1.46
Dividend Growth Rate 5y 46.21%
Overall Dividend Rating 83.14%
Yield on Cost 5y 33.26%
Payout Ratio 88.3%
Payout Frequency 12m 4
Payout Consistency 68.2%
Total Return 12m: -26.76%
#29 in Group
Total Return 5y: 208.54%
#19 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Marine Transportation

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
GNK 571m 9.70% 33.3%
ZIM 1,865m 52.3% 263%
ESEA 217m 7.38% 154%
ECO 758m 12.1% 99.3%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
GNK 571m 46.2% 88.3%
DAC 1,457m 21.3% 12.1%
PANL 330m 33.8% 53.7%
MATX 4,344m 7.96% 9.50%

GNK Dividend History: Last 22 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-03-11 2025-03-11 2025-03-18 Quarterly 0.3 -25% 2.21%
2024-11-18 2024-11-18 2024-11-25 Quarterly 0.4 17.6% 2.32%
2024-08-19 2024-08-19 2024-08-26 Quarterly 0.34 -19% 1.96%
2024-05-21 2024-05-22 2024-05-30 Quarterly 0.42 2.4% 1.84%
2024-03-05 2024-03-06 2024-03-13 Quarterly 0.41 173.3% 2.09%
2023-11-21 2023-11-22 2023-11-30 Quarterly 0.15 1.05%
2023-08-15 2023-08-16 2023-08-23 Quarterly 0.15 1.1%
2023-05-15 2023-05-16 2023-05-23 Quarterly 0.15 -70% 1.08%
2023-03-06 2023-03-07 2023-03-14 Quarterly 0.5 -35.9% 2.63%
2022-11-18 2022-11-21 2022-11-28 Quarterly 0.78 56% 5.26%
2022-08-15 2022-08-16 2022-08-23 Quarterly 0.5 -36.7% 2.98%
2022-05-13 2022-05-16 2022-05-24 Quarterly 0.79 17.9% 3.77%
2022-03-09 2022-03-10 2022-03-17 Quarterly 0.67 346.7% 3.17%
2021-11-12 2021-11-15 2021-11-22 Quarterly 0.15 50% 0.97%
2021-08-16 2021-08-17 2021-08-25 Quarterly 0.1 100% 0.56%
2021-05-14 2021-05-17 2021-05-25 Quarterly 0.05 150% 0.32%
2021-03-09 2021-03-10 2021-03-17 Quarterly 0.02 0.17%
2020-11-16 2020-11-17 2020-11-25 Quarterly 0.02 0.28%
2020-08-14 2020-08-17 2020-08-25 Quarterly 0.02 0.27%
2020-05-15 2020-05-18 2020-05-28 Quarterly 0.02 -88.6% 0.43%
2020-03-05 2020-03-06 2020-03-16 Quarterly 0.175 -65%
2019-11-20 2019-11-21 2019-12-05 Quarterly 0.5

GNK Dividend FAQ

Does GNK pay dividends?

Yes, as of April 2025, GNK paid a dividend of 1.46 USD in the last 12 months. The last dividend was paid on 2025-03-11.

What is the Dividend Yield of GNK?

As of April 2025, GNK`s dividend yield is 9.70%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.46M USD by the current share price of 13.53.

How often does GNK pay dividends?

GNK pays dividends quarterly. Over the last 12 months (TTM), GNK has issued 4 dividend payments.

What is the next Ex-Dividend Date for GNK?

The next ex-dividend date for Genco Shipping Trading (GNK) is unknown.

What is the Dividend Growth of GNK?

GNK's average dividend growth rate over the past 5 years is 46.2M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of GNK?

GNK's 5-Year Yield on Cost is 33.3M%. This represents the effective dividend yield for an investor who bought Genco Shipping Trading five years ago. It is calculated as the sum of all trailing 12-month dividends (1.46M) divided by the purchase price five years ago (4.39):

What is the Payout Consistency of GNK?

GNK Payout Consistency is 68.2%.
Unstable: Genco Shipping Trading has an inconsistent track record of dividend payments.

Does GNK have a good Dividend Yield?

GNK`s 9.70% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of GNK?

The Dividend Payout Ratio of GNK is 88.3%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of GNK?

GNK`s Overall Dividend Rating is 83.14%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

GNK Outstanding Shares Analysis

What is the Trend in GNK`s Outstanding Shares?

Genco Shipping Trading`s outstanding shares have increased by approximately 0.82% annually over the past 5 years (Correlation: 100.0%), negatively influencing stock price.

Has Genco Shipping Trading ever had a Stock Split?

Yes, last Stock Split was on 2016-07-08 with a factor of 1:10. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.1.
Year Number of Shares Annual Growth Rate
2004 1,350,000
2005 2,526,000 +87.11%
2006 2,530,900 +0.19%
2007 2,533,700 +0.11%
2008 3,126,000 +23.38%
2009 3,140,600 +0.47%
2010 3,514,200 +11.9%
2011 3,809,100 +8.39%
2012 4,302,700 +12.96%
2013 4,356,900 +1.26%
2014 6,043,100 +38.7%
2015 7,217,400 +19.43%
2016 7,318,500 +1.4%
2017 34,682,300 +373.9%
2018 41,793,000 +20.5%
2019 41,989,600 +0.47%
2020 41,933,900 -0.13%
2021 42,709,600 +1.85%
2022 42,916,300 +0.48%
2023 43,290,900 +0.87%
2024 43,674,300 +0.89%