Genco Shipping & Trading Limited (NYSE: GNK) initiated and declared a quarterly dividend of $0.175 per share, or $0.7 annualized.

The dividend will be payable on December 5, 2019, to stockholders of record on November 21, 2019, with an ex-dividend date of November 20, 2019.

The annual yield on the dividend is 7.1 percent.

For a dividend history and other dividend-related data on Genco Shipping & Trading Limited (GNK) click here.