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09 April
Cash Dividend On The Way From Diana Shipping Series B Cumulative Redeemable Perpetual Preferred Shares

On 4/11/24, Diana Shipping Inc's 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares (Symbol: DSX.PRB) will trade ex-dividend, for its quarterly dividend of $0.5547, payable on 4/15/24. As a percentage of DSX.PRB's recent share price of $26.79, this dividend works out to approximately 2.07%, so look for shares of DSX.PRB to trade 2.07% lower — all else being equal — when DSX.PRB shares open for trading on 4/11/24. On an annualized basis, the current yield is approximately 8.29%, which compares to an average yield of 8.00% in the "Transportation" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of DSX.PRB shares, versus DSX:

Performance Comparison Chart

Below is a dividend history chart for DSX.PRB, showing historical dividends prior to the most recent $0.5547 on Diana Shipping Inc's 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares :

DSX.PRB+Dividend+History+Chart

In Tuesday trading, Diana Shipping Inc's 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares (Symbol: DSX.PRB) is currently up about 0.1% on the day, while the common shares (Symbol: DSX) are off about 0.7%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Also see:

MBFIO Historical Stock Prices
THCBU Historical Stock Prices
Funds Holding DFUV

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.