Genco Shipping & Trading (GNK) Dividend Coverage Ratio (2010 - 2026)
Genco Shipping & Trading's (GNK) quarterly Dividend Coverage Ratio came in at 1.09 in Q2 2026, up 206.67% year-over-year from 0.36 in Q2 2025, and up 159.58% quarter-over-quarter from 0.42 in Q1 2026.
Analysis
Genco Shipping & Trading (GNK) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Dividend Coverage Ratio for 12 consecutive years, with 1.09 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 206.67% year-over-year to 1.09 in Q2 2026; TTM through Jun 2026 was 0.81, a 166.15% increase from a year earlier, with the FY2025 full-year figure at 0.1, down 108.87% from the prior year.
- Dividend Coverage Ratio was 1.09 for Q2 2026 at Genco Shipping & Trading, up from 0.42 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 2.39 in Q4 2025 and troughed at 4.98 in Q3 2023.
- A 5-year average of 0.56 and a median of 0.97 in 2022 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio sank 343.64% in 2023 and jumped 618.21% in 2024, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 0.89 in 2022, then dropped by 8.31% to 0.81 in 2023, then declined by 10.38% to 0.73 in 2024, then jumped by 228.38% to 2.39 in 2025, then sank by 54.48% to 1.09 in 2026.
- The last three Dividend Coverage Ratio figures came in at 1.09 (Q2 2026), 0.42 (Q1 2026), and 2.39 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 1.91 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | - |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 11.76 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 1.31 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 1.95 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 19.94 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.97 |
| 10 | Genco Shipping & Trading | 1.17 Bn | 1.17 Bn | 92.30 Mn | 1.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 |
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 2.39 |
| Sep 30, 2025 | -0.05 |
| Jun 30, 2025 | -1.02 |
| Mar 31, 2025 | -0.89 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 1.50 |
| Jun 30, 2024 | 1.31 |
| Mar 31, 2024 | 1.06 |
| Dec 31, 2023 | 0.81 |
| Sep 30, 2023 | -4.98 |
| Jun 30, 2023 | 1.77 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.89 |
| Sep 30, 2022 | 2.04 |
| Jun 30, 2022 | 1.41 |
| Mar 31, 2022 | 1.41 |
| Dec 31, 2021 | 14.44 |
| Sep 30, 2021 | 14.66 |