Earnings ·
Diana Shipping Inc. reported net income of $20.8 million for the second quarter ended June 30, 2026, compared to $4.5…
DSX-WTDiana Shipping Inc.
Diana Shipping Inc. reported net income of $20.8 million for the second quarter ended June 30, 2026, compared to $4.5 million in the prior year period. Earnings per share rose to $0.17 basic and $0.16 diluted from $0.03 previously. Time charter revenues increased to $57.3 million from $54.7 million, driven by higher average charter rates despite decreased ownership days following a vessel sale in 2025. For the six months ended June 30, 2026, net income totaled $49.9 million against $7.5 million in 2025. The company declared a quarterly cash dividend of $0.01 per common share, payable on September 11, 2026, to shareholders of record as of August 21, 2026. Diana Shipping Inc. operates in the global dry bulk shipping industry, specializing in the ownership and bareboat charter-in of vessels.