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DSX ex-dividend on 11/20 (2.6%)

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Diana Shipping, a dry bulk transporter, will pay a regular quarterly dividend of $0.40 on November 30 to holders as of Monday, November 20 (taxed as earning dividend). That’s 2.6% of the share price of $15.600, or a 10% annual yield. Shipping rates have been highly volatile in the last few years, but tanker rates have been stronger than expected recently. DSX is now benefitting from the trend, with solid Q3 results and a 15 percent bump in its dividend.

DSX quote

This entry was posted on Sunday, November 12th, 2006 at 4:19 pm and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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