Diana Shipping inc. (NYSE:DSX – Get Free Report) announced a quarterly dividend on Thursday, May 28th. Investors of record on Wednesday, June 10th will be paid a dividend of 0.01 per share by the shipping company on Thursday, June 18th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Wednesday, June 10th.
Diana Shipping has a dividend payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings.
Diana Shipping Stock Performance
Shares of NYSE DSX opened at $2.47 on Friday. The company’s fifty day moving average price is $2.56 and its 200 day moving average price is $2.24. Diana Shipping has a 1 year low of $1.42 and a 1 year high of $2.91. The company has a market capitalization of $305.27 million, a PE ratio of 22.47 and a beta of 0.53. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.69 and a current ratio of 2.73.
Key Diana Shipping News
Here are the key news stories impacting Diana Shipping this week:
- Positive Sentiment: Diana Shipping reported stronger-than-expected first-quarter 2026 results, with EPS of $0.06 beating estimates of $0.02 and revenue of $54.73 million topping forecasts. The company also reported net income of $29.1 million, up sharply from $3.0 million a year ago, which supports the stock. Article Title
- Positive Sentiment: The company declared a quarterly cash dividend of $0.01 per share, signaling continued shareholder returns, although the payout is small. Article Title
- Positive Sentiment: Diana Shipping also released an updated investor presentation and earnings call materials, which may reinforce management’s upbeat message around the quarter’s performance and strategy. Article Title
- Neutral Sentiment: Investors are also focused on the company’s earnings call transcript and summary for clues about dry bulk market conditions, fleet utilization, and future charter rates. Article Title
- Neutral Sentiment: Diana Shipping raised its all-cash offer for Genco Shipping & Trading to $24.80 per share, a strategic development that may matter longer term but is not the main driver of the stock’s move today. Article Title
- Negative Sentiment: Despite the strong earnings beat, the shares appear to be slipping as investors may be disappointed by the modest dividend and are possibly taking profits after the results and related news flow. Article Title
Diana Shipping Company Profile
Diana Shipping Inc is a global shipping company incorporated in the Republic of the Marshall Islands and headquartered in Athens, Greece. The company specializes in the ownership and operation of dry bulk vessels that transport a variety of commodities, including coal, iron ore, grains, fertilizers, steel products and other bulk materials. Diana Shipping’s fleet comprises Panamax, Capesize, Newcastlemax and Supramax/Newcastlemax segments, enabling it to address the needs of customers on key global trade routes.
The company conducts its operations by chartering vessels on short‐term voyage charters and longer‐term period charters.
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