Diana Shipping Posts Q3 Profit and Sets $0.01 Dividend

Overview

• Net income reached $7.2 million, or $0.05 per share, on time charter revenues of $51.9 million with a reported TCE of $15,178 per day.
• The board declared a $0.01 per-share cash dividend payable December 17, 2025 to shareholders of record on December 8.
• The company operated 36 vessels at 99.4% utilization and reports staggered fixtures across segments at roughly $16,200 per day for about one-year terms.
• Cash and equivalents were $133.9 million and long-term debt was $651.1 million as of September 30, 2025, after a $55 million term loan draw secured by five vessels.
• Portfolio actions included acquiring about 14.9% of Genco for approximately €103.5 million, selling the vessel Selena, and repurchasing roughly $23 million of Diana shares.