Genco Shipping & Trading Limited reported second quarter 2026 financial results, posting net income of $16.6 million and adjusted EBITDA of $56.7 million. The company declared a quarterly cash dividend of $0.80 per share, payable on or about August 24, 2026 to shareholders of record as of August 17, 2026. This marks the 28th consecutive quarterly dividend and is 433% higher than the prior year period. Genco projects a Q3 2026 dividend exceeding $1 per share based on current fixtures and freight forward agreement curves. The company also announced it expects to take delivery of the Genco Volunteer, a new Capesize vessel, in August 2026. Genco Shipping & Trading Limited is a U.S.-headquartered drybulk shipowner focused on the global transportation of commodities.