SmarterDividends
GNK

Genco Shipping & Trading Limited

GNK

Industrials · Stock · quarterly payer

Forward Yield

4.77%

Annual Dividend

$1.15

Payout Ratio

244%

5-Yr Growth

49.6%

Ex-Date

May 18, 2026

Frequency

Quarterly

GNK Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage244% of earnings paid out
Balance-sheet strengthDebt/equity of 0.37
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is GNK a good dividend stock?

Mixed

Genco Shipping & Trading Limited (GNK) pays a quarterly dividend yielding 4.77% ($1.15/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

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (244%)
  • Below-average dividend safety score

Key Data

Dividend Yield
4.77%
Payout Ratio
244%
Annual Dividend
$1.15
5-Yr Avg Growth
49.6%
Ex-Dividend Date
May 18, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.91
Market Cap
$1.0B
P/E Ratio
61.8
5-Yr Total Return
29%
52-Week Range
$12.84 – $27.25
Dividend Safety
D · 46/100
Ever Cut?
Yes (2025)
GNK ex-dividend date & scheduleNext ex-date May 18, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.15 / yr per share

Per payment (quarterly)$28.75
Annual$115.00
Monthly avg$9.58