NYQ · Dividend

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) Dividend

$25.63 NYQ: GNK Market Cap $1.12B

Metric	Value
Dividend Yield	11.56%
Indicated Annual Dividend	$2.96
Payout Ratio	349.34%
FCF Yield	-12.90%
Current Price	$25.63

Dividend Analysis

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) currently pays a dividend yielding 11.56%, an indicated annual rate of roughly $2.96 per share. The payout ratio is 349.34%, meaning dividends paid exceeded reported earnings over the period. Free cash flow yield is -12.90%: free cash flow was negative over the period, so dividends were not covered by free cash flow.

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) pays quarterly; the payout ratio of 349.3% means the dividend currently exceeds reported earnings, which a company can sustain for a time from cash reserves or borrowing but not indefinitely; free cash flow yield of -12.90% is below the 11.56% dividend yield, so the dividend is not fully covered by free cash flow at the current price.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$2.96
Dividend yieldAnnual dividend as a percentage of the share price.	11.56%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$0.74

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	39.0	$115.60	$28.90
$5,000	195.1	$578.00	$144.50
$10,000	390.2	$1156.00	$289.00
$25,000	975.4	$2890.00	$722.50
$50,000	1950.8	$5780.00	$1445.00

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$28.42	10.43%
Today	$25.63	11.56%
At the 52-week low	$15.55	19.05%

Dividend yield against peers

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) ranks 2 of 6 by dividend yield among these companies; 1 yields more.

Company	Yield	P/E	Price
Ardmore Shipping Corporation (ASC)	16.37%	7.45	$20.03
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)	11.56%	30.22	$25.63
Bowman Consulting Group Ltd. (BWMN)	0.00%	101.43	$42.83
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY)	0.00%	5.52	$11.04
Graham Corporation (GHM)	0.00%	85.36	$66.10
Kimball Electronics, Inc. (KE)	0.00%	25.25	$24.60