Genco Shipping keeps dividend coming as it reports in-line earnings
“We are pleased to advance our track record of dividends to shareholders through market cycles, as Genco has now declared 22 consecutive quarterly dividends, representing $6.615 per share, or 45% of our stock price,” said chief executive John Wobensmith in the earnings statement after market close on Wednesday.
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Genco’s (NYSE:GNK) Q4: Strong SalesMaritime shipping company Genco (NYSE:GNK) reported in Q4 CY2024, with sales up 39% year on year to $99.2 million. Its ...
Genco Shipping & Trading Limited (NYSE:GNK – Get Free Report)’s stock price gapped down prior to trading on Thursday following a dissappointing earnings announcement. The stock had previously closed ...
Stifel Nicolaus analyst Benjamin Nolan maintained a Hold rating on Genco Shipping (GNK – Research Report) today and set a price target of ...
Q4 2024 Management View CEO John Wobensmith highlighted that Q4 2024 capped a strong year with earnings growth and advancements in the company’s value strategy centered on dividends, deleveraging, and ...
EBITDA represents net income (loss) attributable to Genco Shipping & Trading Limited plus net interest expense, taxes, and depreciation and amortization. EBITDA is included because it is used by ...
Reports Q4 revenue $66.1M, consensus $67.36M. John Wobensmith, CEO, commented, “During 2024, we grew earnings, while continuing to prioritize ...
Rescue teams have managed to extract three workers who sustained injuries and have been promptly shifted to Genco Hospital ...
When it comes to returning to transits of the Suez Canal, it may be a case of “once bitten, twice shy” for New York-listed Genco Shipping & Trading. Genco is in no hurry, chief executive John ...
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