earnings
confidence high
sentiment positive
materiality 0.80
Genco declares $0.50/share Q4 dividend; Q4 adj. EBITDA $42M, highest since 2022
GENCO SHIPPING & TRADING LTD
2025-FY EPS reported
-$0.10
revenue$342,054,000
- Declared $0.50/share dividend for Q4 2025, highest since Q4 2022; payable March 18, 2026, record March 11, 2026.
- Q4 2025 adjusted EBITDA $42.0M, highest quarterly since Q4 2022; TCE $20,064/day, best since Q3 2022.
- Agreed to acquire two 2020-built Newcastlemax vessels for $145.5M total; delivery expected in March 2026.
- Estimated Q1 2026 TCE to date $17,966 for 80% of owned fleet available days, up over 50% YoY.