Genco Shipping & Trading Ltd (GNK) Dividends & Splits

Genco Shipping & Trading Ltd (GNK) is a global provider of seaborne drybulk transportation services. The company owns and operates a fleet of drybulk vessels, which are used to transport a variety of commodities including iron ore, coal, grain, and steel products. As part of its commitment to shareholder value, GNK has a history of returning cash to its investors through dividends and stock splits. Dividends are cash payments made by a company to its shareholders, typically on a per-share basis. GNK has a dividend yield, which is a measure of the annual dividend payments relative to its stock price. The company's dividend yield can fluctuate over time based on changes in its stock price and dividend payments. GNK's payout ratio is the percentage of its earnings that are paid out as dividends. A lower payout ratio indicates that the company retains more of its earnings to reinvest in the business, while a higher payout ratio indicates that more of its earnings are distributed to shareholders.

GNK has a dividend ex-date, which is the date on which a stock begins trading without the dividend. This means that if an investor buys GNK shares on or after the ex-dividend date, they will not receive the upcoming dividend payment. GNK has also undergone stock splits in the past. A stock split is when a company divides its existing shares into multiple shares. The split ratio determines how many new shares will be created for each existing share. GNK's split multiple is the number of new shares created for each existing share. Dividend amounts per share can vary depending on the company's earnings and dividend policy. GNK's dividend growth rate measures the annualized rate at which its dividends have increased over a certain period of time. The dividend yield range for GNK can fluctuate based on changes in its stock price and dividend payments. GNK's dividend payment date is the date on which the company typically makes its dividend payments to shareholders. The dividend payment frequency refers to how often GNK makes its dividend payments, such as quarterly or annually.