Genco Shipping & Trading Limited (GNK) Reports In-Line Q1 EPS

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Genco Shipping & Trading Limited Announces First Quarter Financial Results

May 4, 2022 4:30 PM EDT

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months ended March 31, 2022.

The following financial review discusses the results for the three months ended March 31, 2022 and March 31, 2021.

First Quarter 2022 and Year-to-Date Highlights

Declared a $0.79 per share dividend for the first quarter of 2022, an increase of 18%... More