General Maritime (GMR)

Add a New Bulls Reason Company: General Maritime (GMR) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 2 votes edit Balanced fleet gives balance plus opportunity to earnings Top Contributor: Tim Plaehn | Created when NYSE:GMR was $24.09 | Edit | History GMR has 62% of their fleet on time charter and the remaining 38% on the spot market. This give the company steady earnings from the time charters plus the chance for greater returns when spot market rates are high. (100 character max) Cancel 100% agree 1 votes edit Company is committed to steady dividend and returning shareholder value Top Contributor: Tim Plaehn | Created when NYSE:GMR was $23.83 | Edit | History GMR has committed to keep the dividend at $2.00 per year giving the stock a current yield of over 8%. The company has also issued special dividends and share buy backs in the past with excess cash to increase the payouts to shareholders. Of course, bad financial results could cause a change in the dividend. (100 character max) Cancel 0% agree 1 votes edit Fleet being tied up means the company is better able to survive downturns Top Contributor: David Sun | Created when NYSE:GMR was $25.10 | Edit | History GMR's strategy of employing lots of its fleet in cycle independent time charters will keep the company going strong while its competitors do poorly in the next downturn. (100 character max) Cancel

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