DIVIDEND ANNOUNCEMENT: Shs Par $0.01/Genco Shipping & Trading Ltd (NYSE:GNK) on 02/21/2024 declared a dividend of $0.4100 per share

Shs Par $0.01/Genco Shipping & Trading Ltd (NYSE:GNK) on 02/21/2024 declared a dividend of $ 0.4100 per share payable on March 13, 2024 to shareholders of record as of March 06, 2024. Dividend amount recorded is an increase of $ 0.26 from last dividend Paid.

Shs Par $0.01/Genco Shipping & Trading Ltd (NYSE:GNK) has paid dividends since 2005, has a current dividend yield of 3.3482143879% and has increased its dividends for 0 successive years.

Shs Par $0.01/Genco Shipping & Trading Ltd's market cap is $ 762,298,880 and has a PE ratio of 71.68. The stock price closed yesterday at $ 17.92 and has a 52 week low/high of $ 12.39 and $ 19.84.

Genco Shipping & Trading is a holding company. Through its subsidiaries, Co. transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Capesize vessels represent Co.'s primary bulk vessel category and the other vessel classes, including Ultramax, Supramax and Handysize vessels, represent its minor bulk vessel category. Co.'s primary bulk vessels are primarily used to transport iron ore and coal, while its minor bulk vessels are primarily used to transport grains, steel products and other drybulk cargoes such as cement, scrap, fertilizer, bauxite, nickel ore, salt and sugar.

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