
Diana Shipping Inc.
DSX-PBIndustrials · Stock · quarterly payer
Forward Yield
8.10%
Annual Dividend
$2.22
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Jul 14, 2026
Frequency
Quarterly
Summary
As of July 2026, Diana Shipping Inc. (DSX-PB) yields 8.10% ($2.22 per share annually), with a blended fair-value estimate of $39.43 — +44% upside, so it screens as undervalued. Dividend safety grade: A (84/100).
Is DSX-PB a good dividend stock?
YesDiana Shipping Inc. (DSX-PB) pays a quarterly dividend yielding 8.10% ($2.22/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.10%
- Payout Ratio
- —
- Annual Dividend
- $2.22
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jul 14, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.47
- Market Cap
- —
- P/E Ratio
- 29.1
- 5-Yr Total Return
- 5%
- 52-Week Range
- $24.88 – $28.08
- Dividend Safety
- A · 84/100
- Ever Cut?
- No
Frequently Asked Questions
DSX-PB Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
+7%
5 Years
+5%
52-Week Range
$24.88 – $28.08
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DSX-PB worth?
Undervaluedlow confidenceOur blended fair-value estimate for Diana Shipping Inc. is $39.43 per share, versus a market price of $27.40. That implies 44% of upside — a margin of safety of about 31%.
Fair Value
$39.43
Current Price
$27.40
Upside
+44%
Margin of Safety
31%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.94 EPS, $2.22 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DSX-PB Dividend Safety Score
Very Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 14, 2026 | — | $0.5547 | regular |
| Apr 14, 2026 | — | $0.5547 | regular |
| Jan 14, 2026 | — | $0.5547 | regular |
| Oct 14, 2025 | — | $0.5547 | regular |
| Jul 14, 2025 | — | $0.5547 | regular |
| Apr 14, 2025 | — | $0.5547 | regular |
| Jan 14, 2025 | — | $0.5547 | regular |
| Oct 11, 2024 | — | $0.5547 | regular |
| Jul 12, 2024 | — | $0.5546 | regular |
| Apr 11, 2024 | — | $0.5546 | regular |
| Jan 11, 2024 | — | $0.5546 | regular |
| Oct 12, 2023 | — | $0.5546 | regular |
| Jul 13, 2023 | — | $0.5546 | regular |
| Apr 13, 2023 | — | $0.5546 | regular |
Income Calculator
At $2.22 / yr per share



