Diana Shipping ( (DSX) ) has shared an update.
Diana Shipping Inc. reported its financial results for the fourth quarter and the full year ending December 31, 2024. The company achieved a net income of $9.7 million for the fourth quarter, with earnings per share of $0.07 basic and $0.02 diluted. However, the net income for the entire year decreased significantly to $12.7 million compared to $49.8 million in 2023, reflecting a challenging market environment. The company declared a cash dividend of $0.01 per share for the fourth quarter, payable in March 2025, indicating a commitment to returning value to shareholders despite the reduced earnings.
More about Diana Shipping
Diana Shipping Inc. is a global shipping company that specializes in the ownership and bareboat charter-in of dry bulk vessels. The company operates in the maritime transportation industry, focusing on the dry bulk sector, which involves the transportation of bulk commodities such as coal, iron ore, and grains.
YTD Price Performance: -8.16%
Average Trading Volume: 541,526
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $225.3M
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