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DSX ex-dividend on 5/14 (2.2%)

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Diana Shipping, a dry bulk transporter, will pay a regular quarterly dividend of $0.50 on May 23 to holders as of Monday, May 14 (taxed as earning dividend). That’s 2.2% of the share price of $23.000, or a 9% 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 Q4 results and a 10 percent bump in its dividend.

DSX quote

This entry was posted on Thursday, May 10th, 2007 at 6:15 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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