What is the total return of GNK over the past year?
Genco Shipping & Trading Limited (GNK) delivered a total return of 46.61% over the past year when dividends are reinvested. The price-only return was 39.31%, meaning dividends contributed an additional 7.30 percentage points to total returns.
How much would $10,000 invested in GNK be worth today?
A $10,000 investment in Genco Shipping & Trading Limited one year ago would be worth $14,661 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $13,931. Dividend reinvestment added $730 to the portfolio value.
Does GNK pay dividends?
Yes, Genco Shipping & Trading Limited (GNK) pays dividends. Over the past year, GNK paid 4 dividends totaling $0.7500 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.