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DSX ex-dividend on 8/14 (2%)

Diana Shipping, a dry bulk transporter, will pay a regular quarterly dividend of $0.51 on August 24 to holders as of Tuesday, August 14 (taxed as earning dividend). That’s 1.9% of the share price of $26.51, or a 8% annual yield.

DSX has been going up steadily for several quarters because of optimism about continued demand for shipping of dry goods such as iron ore, coal, and steel around the world. You don’t want to go against such momentum so don’t play the cool down here.

DSX quote

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