Genco Shipping & Trading Limited
GNKIndustrials · Stock · quarterly payer
Forward Yield
6.67%
Annual Dividend
$1.80
Payout Ratio
126%
5-Yr Growth
49.6%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of September 2026, Genco Shipping & Trading Limited (GNK) yields 6.67% ($1.80 per share annually), with a blended fair-value estimate of $55.11 — +113% upside, so it screens as undervalued. Dividend safety grade: D (45/100).
Is GNK a good dividend stock?
MixedGenco Shipping & Trading Limited (GNK) pays a quarterly dividend yielding 6.67% ($1.80/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 (126%)
- Below-average dividend safety score
Key Data
- Dividend Yield
- 6.67%
- Payout Ratio
- 126%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- 49.6%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $1.2B
- P/E Ratio
- 30.0
- 5-Yr Total Return
- 29%
- 52-Week Range
- $15.55 – $27.76
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
GNK Price — Last 12 Months
Daily close
Price Return
1 Year
+45%
3 Years
+85%
5 Years
+29%
52-Week Range
$15.55 – $27.76
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GNK worth?
Undervaluedlow confidenceOur blended fair-value estimate for Genco Shipping & Trading Limited is $55.11 per share, versus a market price of $25.88. That implies 113% of upside — a margin of safety of about 53%.
Fair Value
$55.11
Current Price
$25.88
Upside
+113%
Margin of Safety
53%
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 -2.6% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.91 EPS, $1.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GNK Dividend Safety Score
Risky
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 |
|---|---|---|---|
| Aug 17, 2026 | — | $0.8000 | regular |
| May 18, 2026 | — | $0.3500 | regular |
| Mar 11, 2026 | — | $0.5000 | regular |
| Nov 17, 2025 | — | $0.1500 | regular |
| Aug 18, 2025 | — | $0.1500 | regular |
| May 22, 2025 | — | $0.1500 | regular |
| Mar 11, 2025 | — | $0.3000 | regular |
| Nov 18, 2024 | — | $0.4000 | regular |
| Aug 19, 2024 | — | $0.3400 | regular |
| May 21, 2024 | — | $0.4200 | regular |
| Mar 5, 2024 | — | $0.4100 | regular |
| Nov 21, 2023 | — | $0.1500 | regular |
| Aug 15, 2023 | — | $0.1500 | regular |
| May 15, 2023 | — | $0.1500 | regular |
Income Calculator
At $1.80 / yr per share
