Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 24, 2021, the company fleet consisted of 17 Capesize, 9 Ultramax, and 15 Supramax with an aggregate capacity of approximately 4,421,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
IPO Year:
Exchange: NYSE
Website: gencoshipping.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/5/2024 | Buy → Neutral | BTIG Research | |
9/30/2022 | $20.00 | Buy | Stifel |
8/3/2022 | $29.00 | Buy | Alliance Global Partners |
7/21/2022 | $25.00 | Buy | Jefferies |
4/27/2022 | $26.00 → $27.00 | Buy | Jefferies |
2/24/2022 | $25.00 → $26.00 | Buy | Jefferies |
9/13/2021 | $30.00 | Buy | H.C. Wainwright |
6/30/2021 | $20.00 → $24.00 | Buy | Jefferies |
In the last three months, 4 analysts have published ratings on Genco Shipping & Trading (NYSE:GNK), offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 1 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $26.75, a high estimate of $30.00, and a low estimate of $23.00. Surpassing the previous average pric
Alliance Global Partners analyst Poe Fratt maintains Genco Shipping & Trading (NYSE:GNK) with a Buy and raises the price target from $25 to $27.
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector. Genco Shipping & Trading Limited (NYSE:GNK) Dividend Yield: 4.95% Jefferies analyst Omar Nokta maintained a Buy rating and incr
B. Riley Securities analyst Liam Burke maintains Genco Shipping & Trading (NYSE:GNK) with a Buy and raises the price target from $27 to $30.
Jefferies analyst Omar Nokta maintains Genco Shipping & Trading (NYSE:GNK) with a Buy and raises the price target from $26 to $27.
Genco Shipping & Trading (NYSE:GNK) reported quarterly earnings of $0.44 per share which missed the analyst consensus estimate of $0.52 by 15.38 percent. The company reported quarterly sales of $117.20 million which beat the analyst consensus estimate of $90.74 million by 29.15 percent. This is a 24.16 percent increase over sales of $94.39 million the same period last year.
Stifel analyst Benjamin Nolan maintains Genco Shipping & Trading (NYSE:GNK) with a Buy and raises the price target from $22 to $23.
At the end of March 13, 2024, Genco Shipping & Trading (NYSE:GNK) will reward its shareholders with a dividend payout of $0.41 per share, demonstrating an annualized dividend yield of 9.15%. Remember, only investors who held the stock before the ex-dividend date on March 05, 2024 will receive this payout. Genco Shipping & Trading Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-a
Monday marks the last chance for investors to receive the next dividend payout from Genco Shipping & Trading (NYSE:GNK). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 41 cents per share. On Tuesday, Genco Shipping & Trading will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 41 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own GNK as of the end of Monday's session are eligible to receive the 41
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that Genco shareholders have overwhelmingly voted at the Company's Annual Meeting to re-elect to the Company's Board of Directors all seven of Genco's highly qualified director nominees – James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan and John C. Wobensmith. At the Annual Meeting, approximately 61.4% of the total shares outstanding as of the March 28, 2024 record date were represented at the meeting. The
Sets the Record Straight on Economou's Campaign Genco Continues Executing on the Comprehensive Value Strategy It Initiated in 2021 Shareholders Should Still Get Their Votes In "FOR" the Re-Election of Genco's Seven Highly Qualified Director Nominees NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou's withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors. Genco issued the following statement: We are please
Outlines Genco's Successful Comprehensive Value Strategy Reiterates Board's Unanimous Recommendation that Shareholders Vote "FOR" the Re-Election of Genco's Highly Qualified Nominees on the WHITE Proxy Card Today Advises Shareholders to Vote "WITHHOLD" Against George Economou's Nominee, Robert Pons, and Reject His Agenda NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it mailed a letter to shareholders in connection with the Company's 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"), sche
Highlights Urgent Need for An Independent Director Perspective to Address Genco's Persistent Underperformance and Unlock Value for Shareholders Outlines Concerns with Chairman James Dolphin's Outsized Influence in the Genco Boardroom Urges Shareholders to Vote FOR the Election of GK Investor Nominee Robert Pons on the BLUE Universal Proxy Card and WITHHOLD on Genco Board Chairman James Dolphin GK Investor LLC ("GK"), an affiliate of George Economou that is an approximately 5.3% shareholder of Genco Shipping & Trading Limited ("Genco" or the "Company") (NYSE:GNK), today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission in connec
NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced the appointment of Paramita Das to its Board of Directors effective immediately. With her appointment, the Board will comprise seven directors. Ms. Das brings significant global leadership experience in the commodities sector. She previously served as the Global Head of Marketing, Development and ESG, Metals and Minerals at Rio Tinto. Prior to that, she held various leadership roles at Rio Tinto including General Manager, Marketing and Development, Metals
NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced the appointment of Peter Allen as Chief Financial Officer, effective June 16, 2023. He is to succeed Apostolos Zafolias, who as previously announced, will leave the Company to pursue an opportunity outside of the maritime industry. Since Mr. Allen's start at Genco in 2008, he has served in various finance, accounting and corporate strategy leadership positions at the Company, most recently as Genco's Senior Vice President, Strategy & Finance. Mr. Allen has ext
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2024. Second Quarter 2024 and Year-to-Date Highlights Dividend: Declared a $0.34 per share dividend for Q2 2024 20th consecutive quarterly dividend over the last five yearsCumulative dividends of $5.915 per share or 33% of our share price1Q2 2024 dividend is payable on or about August 26, 2024 to all shareholders of record as of August 19, 2024. Financial performance: Net income of $23.5
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2024 on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024 after the close of market trading. What:Second Quarter 2024 Conference Call When:Thursday, August 8, 2024 at 8:30 a.m. Eastern Time Where:There are two ways to access the call: Dial-in: 646-307-1963 or 800-715-9871 Plea
Successfully Executing on its Comprehensive Value Strategy Reminds Shareholders to Vote "FOR" Genco's Nominees on the WHITE Proxy Card NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today mailed a letter to shareholders in connection with the Company's 2024 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled to be held on May 23, 2024. Shareholders of record as of March 28, 2024 will be entitled to vote at the meeting. The letter and information about how to vote at the meeting is available at www.VoteFo
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months March 31, 2024. First Quarter 2024 and Year-to-Date Highlights Dividend: Declared a $0.42 per share dividend for Q1 2024 19th consecutive quarterly payoutCumulative dividends of $5.575 per share or 25% of our share price1Q1 2024 dividend is payable on or about May 30, 2024 to all shareholders of record as of May 22, 2024. Financial performance: Net income of $18.8 million for Q1 2024, or basic and diluted earnin
Urges Shareholders to Vote "FOR" the Re-Election of Genco's Seven Highly Qualified Nominees on the WHITE Proxy Card Today Vote "AGAINST" George Economou's Nominee and Shareholder Proposal Launches VoteForGenco.com Providing Additional Information for Shareholders NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Company's 2024 Annual Meeting of Shareholders (the "2024 Annua
NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the first quarter of 2024 on Thursday, May 9, 2024 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024 after the close of market trading. What:First Quarter 2024 Conference Call When:Thursday, May 9, 2024 at 8:30 a.m. Eastern Time Where: There are two ways to access the call: Dial-in: 203-518-9848 or 800-274-8461 Please dial in
NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has filed its preliminary proxy materials with the Securities and Exchange Commission ("SEC") in connection with its upcoming Annual Meeting of Shareholders. In its preliminary proxy statement, the Genco Board of Directors recommends that shareholders vote for the re-election of the seven nominees currently serving on the Board – James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan and John C. Wobens
NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that its Board of Directors (the "Board") has unanimously rejected the proposed nomination of Randee Day and Robert Pons by George Economou through his entity GK Investor LLC to stand for election to the Board at the Company's 2024 Annual Meeting of Shareholders. The Company issued the following statement: Our Board of Directors thoroughly evaluated both nominees and determined on the unanimous recommendation of our Nominating and Corporate Governance Commi
Executes on All Three Pillars of Value Strategy Related to Dividends, Deleveraging and Growth Declares Dividend of $0.41 per share for Q4 2023; Represents Genco's 18th Consecutive Quarterly Dividend Totaling $5.155 Per Share NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and twelve months ended December 31, 2023. Fourth Quarter 2023 and Year-to-Date Highlights Dividend: Declared a $0.41 per share dividend for Q4 2023 18th consecutive quarterly payoutCumulative
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2023 on Thursday, February 22, 2024 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the fourth quarter ended December 31, 2023 on Wednesday, February 21, 2024 after the close of market trading. What:Fourth Quarter 2023 Conference Call When:Thursday, February 22, 2024 at 8:30 a.m. Eastern Time Where:There are two ways to access the call: Dial-in: 416-764-8624
10-Q - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
8-K - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
S-3ASR - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
8-K/A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
8-K - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
8-K - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
DEFA14A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
DEFA14A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
DEFA14A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
DEFA14A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
BTIG Research downgraded Genco Shipping & Trading from Buy to Neutral
Stifel initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $20.00
Alliance Global Partners initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $29.00
Jefferies initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $25.00
Jefferies resumed coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $27.00 from $26.00 previously
Jefferies reiterated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $26.00 from $25.00 previously
H.C. Wainwright initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $30.00
Jefferies reiterated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $24.00 from $20.00 previously
Jefferies reiterated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $20.00 from $18.00 previously
Jefferies Financial Group reiterated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $13.00 from $11.00 previously
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13G/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13G - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
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NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2024. Second Quarter 2024 and Year-to-Date Highlights Dividend: Declared a $0.34 per share dividend for Q2 2024 20th consecutive quarterly dividend over the last five yearsCumulative dividends of $5.915 per share or 33% of our share price1Q2 2024 dividend is payable on or about August 26, 2024 to all shareholders of record as of August 19, 2024. Financial performance: Net income of $23.5
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2024 on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024 after the close of market trading. What:Second Quarter 2024 Conference Call When:Thursday, August 8, 2024 at 8:30 a.m. Eastern Time Where:There are two ways to access the call: Dial-in: 646-307-1963 or 800-715-9871 Plea
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 12-13, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.Presentation Schedule*All Times EDTWednesday, June 12, 2024 (Day 1)8:30-9:00**********InfuSystem Holdings Inc. (INFU)*****9:15-9:45*****ECD Automotive (ECDA)Lifeward [ReWalk Robotics] (LFWD)*****10:00-10:30Unisys Corporation (UIS)*****Myomo, Inc (MYO)Drilling Tools International Corp. (DTI)10:45-11:15American Softwar
NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that Genco shareholders have overwhelmingly voted at the Company's Annual Meeting to re-elect to the Company's Board of Directors all seven of Genco's highly qualified director nominees – James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan and John C. Wobensmith. At the Annual Meeting, approximately 61.4% of the total shares outstanding as of the March 28, 2024 record date were represented at the meeting. The
Sets the Record Straight on Economou's Campaign Genco Continues Executing on the Comprehensive Value Strategy It Initiated in 2021 Shareholders Should Still Get Their Votes In "FOR" the Re-Election of Genco's Seven Highly Qualified Director Nominees NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou's withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors. Genco issued the following statement: We are please
Notes Company's Significant Share Price Increase Following Public Pressure GK Investor LLC ("GK"), a shareholder of Genco Shipping & Trading Limited ("Genco" or the "Company") (NYSE:GNK), today announced the following: On December 28, 2023, the last trading day before GK publicly announced its position in Genco, the closing price of Genco's common stock was $16.48. Yesterday, the closing price of Genco's common stock was $22.53. GK believes that its advocacy on behalf of all common shareholders has been an important wake-up call to Genco's complacent Board of Directors (the "Board") and has contributed to the improved performance of Genco's common stock – thereby providing an attractive
Successfully Executing on its Comprehensive Value Strategy Reminds Shareholders to Vote "FOR" Genco's Nominees on the WHITE Proxy Card NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today mailed a letter to shareholders in connection with the Company's 2024 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled to be held on May 23, 2024. Shareholders of record as of March 28, 2024 will be entitled to vote at the meeting. The letter and information about how to vote at the meeting is available at www.VoteFo
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that Genco shareholders vote "FOR" each of Genco's seven director nominees. ISS also recommended that Genco shareholders vote "WITHHOLD" on George Economou's nominee, Robert Pons and "AGAINST" his shareholder proposal at the Company's Annual Meeting of Shareholders (the "Annual Meeting") on May 23, 2024. Commenting on the report, Genco issued the followi
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months March 31, 2024. First Quarter 2024 and Year-to-Date Highlights Dividend: Declared a $0.42 per share dividend for Q1 2024 19th consecutive quarterly payoutCumulative dividends of $5.575 per share or 25% of our share price1Q1 2024 dividend is payable on or about May 30, 2024 to all shareholders of record as of May 22, 2024. Financial performance: Net income of $18.8 million for Q1 2024, or basic and diluted earnin
Highly Qualified and Engaged Board Overseeing Sustainable, Long-Term Value Creation Urges Shareholders to Vote "FOR" the Re-Election of Genco's Nominees on the WHITE Proxy Card Today Advises Shareholders to Vote "WITHHOLD" on George Economou's Nominee, Robert Pons NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today posted an investor presentation in connection with its upcoming Annual Meeting at www.VoteForGenco.com. Highlights on which the presentation elaborates include: Genco Is Executing its Clear Strategy Design