Genco Shipping & Trading (Genco Shipping & Trading) Forward Dividend Yield % : 0.00% (As of May. 20, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Genco Shipping & Trading Forward Dividend Yield %?

As of today (2024-05-20), the Forward Annual Dividend Yield of Genco Shipping & Trading is 0.00%.

As of today (2024-05-20), the Trailing Annual Dividend Yield of Genco Shipping & Trading is 0.00%.

GNKOQ's Forward Dividend Yield % is not ranked ^*
in the Transportation industry.
Industry Median: 3.19
* Ranked among companies with meaningful Forward Dividend Yield % only.

Genco Shipping & Trading's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 12 months, Genco Shipping & Trading's average Dividends Per Share Growth Rate was -66.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 59.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Genco Shipping & Trading was 150.20% per year. The lowest was 59.30% per year. And the median was 104.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Genco Shipping & Trading's Forward Dividend Yield %

For the Marine Shipping subindustry, Genco Shipping & Trading's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Genco Shipping & Trading's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Forward Dividend Yield % falls into.

Genco Shipping & Trading Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Genco Shipping & Trading (OTCPK:GNKOQ) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Genco Shipping & Trading Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Genco Shipping & Trading's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Genco Shipping & Trading (Genco Shipping & Trading) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Genco Shipping & Trading Ltd (OTCPK:GNKOQ) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

GNK:USA GNU1:Germany GNU1:Germany

Address

299 Park Avenue, 12th Floor, New York, NY, USA, 10171

Website

https://www.gencoshipping.com

Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.