Genco Shipping: Disciplined Strategy, Good Dividend Investment
Genco Shipping & Trading (GNK) Seeking Alpha·2024-06-21 16:19
Stewart Sutton Genco (NYSE:GNK) is a shipper of drybulk cargo, which I covered in detail back in December. I was primarily looking at the stock for its dividend and rated the shares a Hold. In my conclusion, however, I noted: Genco successfully turned itself around, became profitable, and eliminated debt to the point that I think it's unlikely to go zero. There's more to say about this company from a longer-term outlook, and perhaps that's worth doing once we get farther into 2024 Now that some time has ...