Genco Shipping & Trading's (NYSE:GNK) Shareholders Will Receive A Bigger Dividend Than Last Year [Yahoo! Finance]
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
gencoshipping.com
Company Research
Source: Yahoo! Finance
Despite this raise, the dividend yield of 4.9% is only a modest boost to shareholder returns. View our latest analysis for Genco Shipping & Trading If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, the company's dividend was higher than its profits, and made up 88% of cash flows. While the cash payout ratio isn't necessarily a cause for concern, the company is probably focusing more on returning cash to shareholders than growing the business. Earnings per share is forecast to rise by 48.0% over the next year. If recent patterns in the dividend continues, the payout ratio in 12 months could be 87% which is a bit high but can definitely be sustainable. Genco Shipping & Trading has been paying dividends for a while, but the track record isn't stellar. This suggests that the dividend might not be the most reliable. Since 2019, the annual payment back then was $0.70, compared to the most recent full-year payment of
Show less
Read more
Impact Snapshot
Event Time:
GNK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNK alerts
High impacting Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) news events
Weekly update
A roundup of the hottest topics
GNK
News
- Genco Shipping & Trading Limited (NYSE: GNK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Genco Shipping & Trading Limited (NYSE: GNK) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Why It Might Not Make Sense To Buy Genco Shipping & Trading Limited (NYSE:GNK) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Ltd (GNK) Q3 2024 Earnings Call Highlights: Strong Financial ... [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Limited (NYSE: GNK) had its "buy" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $25.00 price target on the stock.MarketBeat
GNK
Earnings
- 11/6/24 - Beat
GNK
Sec Filings
- 12/20/24 - Form 8-K
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- GNK's page on the SEC website