New York-listed Genco Shipping & Trading has soldiered on with its 22nd straight dividend after a fourth quarter of 2024 that largely met analyst expectations.
The Manhattan-based dry bulk owner turned in adjusted net income of $12.8m, or $0.29 per diluted share, which trailed the consensus estimate of Wall Street analysts by a penny.
Policy intact
This compared to adjusted net income of $18.6m,
