SmarterDividends
GNK

Genco Shipping & Trading Limited

GNK

Industrials · Marine Shipping · Stock · quarterly payer

$24.51

Undervalued · +78% Add to Portfolio

Forward Yield

7.34%

Annual Dividend

$1.80

Payout Ratio

125%

5-Yr Growth

49.6%

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about GNK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Genco Shipping & Trading Limited (GNK) has a forward dividend yield of 7.34%, based on an annual dividend of $1.80 per share and a share price of $24.51.
  • As of Oct 18, 2026, GNK's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
  • GNK last cut its regular dividend in 2025.
  • GNK's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.80 per share.
  • As of Oct 18, 2026, GNK pays out 125% of its trailing 12-month earnings as dividends (its payout ratio).
  • GNK's dividend has grown at an average rate of 49.6% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GNK is $43.59 per share, 78% above the $24.51 share price, so GNK screens as undervalued.
  • Genco Shipping & Trading Limited (GNK) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "GNK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GNK

Summary

As of Oct 18, 2026, Genco Shipping & Trading Limited (GNK) yields 7.34% ($1.80 a year per share) and has a dividend safety grade of D (45/100).

Is GNK a good dividend stock?

Mixed

Genco Shipping & Trading Limited (GNK) pays a quarterly dividend yielding 7.34% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 49.6% 5-yr dividend growth
  • 59% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (125%)
  • Below-average dividend safety score

Key Data

Dividend Yield
7.34%
Payout Ratio
125%
Annual Dividend
$1.80
5-Yr Avg Growth
49.6%
Ex-Dividend Date
Aug 17, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.93
Market Cap
$1.1B
P/E Ratio
26.6
5-Yr Total Return
59%
52-Week Range
$15.56 – $28.42
Dividend Safety
D · 45/100
Ever Cut?
Yes (2025)

GNK dividend changes

Genco Shipping & Trading Limited (GNK) pays a variable dividend: across the 28 payments on record since 2019, 9 were higher than the one before and 5 lower. The latest change was up 128.6% to $0.800 per share, going ex-dividend on Aug 17, 2026.

Ex-dateChangeOld → newMove
Aug 17, 2026Higher$0.350 → $0.800+128.6%
May 18, 2026Higher$0.150 → $0.350+133.3%
May 22, 2025Lower$0.300 → $0.150−50.0%
Mar 11, 2025Lower$0.400 → $0.300−25.0%
Nov 18, 2024Higher$0.340 → $0.400+17.6%
Aug 19, 2024Lower$0.420 → $0.340−19.0%
May 21, 2024Higher$0.410 → $0.420+2.4%
Mar 5, 2024Higher$0.150 → $0.410+173.3%
May 15, 2023Lower$0.670 → $0.150−77.6%
Mar 9, 2022Higher$0.150 → $0.670+346.7%
Nov 12, 2021Higher$0.100 → $0.150+50.0%
Aug 16, 2021Higher$0.0500 → $0.100+100.0%
Every GNK payment →Download every raise and cut (CSV)
GNK ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →GNK dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GNK a good dividend stock?

Mixed. Genco Shipping & Trading Limited (GNK) pays a quarterly dividend yielding 7.34% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is GNK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GNK's fair value is about $43.59 versus a $24.51 share price — so it looks undervalued (+78% vs. fair value).

Is GNK's dividend safe?

GNK has a dividend-safety grade of D (45/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is GNK's fair value?

Our blended fair-value estimate for GNK is about $43.59 per share, roughly 78% above the current $24.51 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GNK a buy, hold, or sell?

We don't issue formal ratings, but on the data GNK screens as "mixed" and undervalued. Genco Shipping & Trading Limited (GNK) pays a quarterly dividend yielding 7.34% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will GNK cut its dividend?

GNK earns a dividend-safety grade of D (45/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GNK pay a dividend?

Yes. Genco Shipping & Trading Limited pays a quarterly dividend of about $1.80 per share annually, a forward yield of roughly 7.34%.

What is GNK's dividend yield?

As of Oct 18, 2026, GNK's forward dividend yield is 7.34%, based on a $1.80 annual dividend and a $24.51 share price.

What is GNK's dividend per share?

As of Oct 18, 2026, GNK pays $1.80 per share per year, distributed on a quarterly basis.

What is GNK's dividend payout ratio?

As of Oct 18, 2026, GNK's payout ratio is 125% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has GNK grown its dividend?

GNK does not currently have a long dividend-growth streak on record.

When is the next GNK ex-dividend date?

As of Oct 18, 2026, GNK's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.80 per share.

Income Calculator

At $1.80 / yr per share

Per payment (quarterly)$45.00
Annual$180.00
Monthly avg$15.00

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