During the past 12 months, Genco Shipping & Trading's average Dividends Per Share Growth Rate was -65.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 59.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
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.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Genco Shipping & Trading Ltd is 1.43, which seems too high.
Warning Sign:
Genco Shipping & Trading Ltd stock dividend yield is close to 2-year low.
For more information regarding to dividend, please check our Dividend Page.
For the Marine Shipping subindustry, Genco Shipping & Trading's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Genco Shipping & Trading's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Genco Shipping & Trading's 5-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Genco Shipping & Trading was 1.43. The lowest was 0.08. And the median was 0.74.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Genco Shipping & Trading Ltd is 1.43, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Genco Shipping & Trading Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.410
2024-03-05
2024-03-06
2024-03-13
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-11-21
2023-11-22
2023-11-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-08-15
2023-08-16
2023-08-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-05-15
2023-05-16
2023-05-23
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Genco Shipping & Trading's Dividend Yield (%) for Today is calculated as
Current Share Price is $21.55.
Genco Shipping & Trading's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.86.
During the past 13 years, the highest Dividend Yield of Genco Shipping & Trading was 20.41%. The lowest was 0.41%. And the median was 5.27%.
Warning Sign:
Genco Shipping & Trading Ltd stock dividend yield is close to 2-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Genco Shipping & Trading 5-Year Dividend Growth Rate Related Terms
Thank you for viewing the detailed overview of Genco Shipping & Trading's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Genco Shipping & Trading (Genco Shipping & Trading) Business Description
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.
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