Genco Shipping & Trading Dividend
Dividend criteria checks 1/6
Genco Shipping & Trading is a dividend paying company with a current yield of 4.01%.
Key information
4.0%
Dividend yield
-286%
Payout ratio
Industry average yield | 5.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -€0.30 |
Dividend yield forecast in 3Y | 7.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GNU1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GNU1's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Genco Shipping & Trading Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GNU1) | 4.0% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Shipping) | 5.9% |
Analyst forecast in 3 Years (GNU1) | 7.0% |
Notable Dividend: GNU1's dividend (4.01%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: GNU1's dividend (4.01%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: GNU1 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: GNU1 is paying a dividend but the company has no free cash flows.