Genco Shipping & Trading Limited (GNK) Initiates, Declares $0.175 Quarterly Dividend; 7.1% Yield

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Genco Shipping & Trading Limited Announces Third Quarter Financial Results

November 6, 2019 4:15 PM EST

Initiates a Regular $0.175 Per Share Quarterly Cash Dividend Policy

 Declares a $0.325 Per Share Special Dividend

NEW YORK, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today reported its financial results for the three months and nine months ended September 30, 2019.

The following financial review discusses the results for the three and nine months ended September 30, 2019 and September 30,... More