Genco Shipping Dividends
| GNK Stock | USD 13.93 0.20 1.42% |
Genco Shipping's past performance could be the main factor of why investors trade Genco Shipping Trading stock today. Investors should clearly understand every aspect of the Genco Shipping dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Genco Shipping's dividend schedule and payout information. Genco Shipping Trading dividends can also provide a clue to the current valuation of Genco Shipping.
One of the primary advantages of investing in dividend-paying companies such as Genco Shipping is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive. Genco |
Investing in dividend-paying stocks, such as Genco Shipping Trading is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Genco Shipping must own a stock before its ex-dividend date to receive its next dividend.
Recent Genco Shipping Dividends Paid (per share)
Dividends Paid |
| Timeline |
Genco Shipping Past Distributions to stockholders
| 25th of November 2024 | ||
| 26th of August 2024 | ||
| 30th of May 2024 | ||
| 13th of March 2024 | ||
| 30th of November 2023 | ||
| 23rd of August 2023 | ||
| 23rd of May 2023 | ||
| 14th of March 2023 |
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.