Diana Shipping Inc. reported Q4 2025 net income of $3.1 million and $1.7 million attributable to common stockholders, down from $9.7 million and $8.3 million a year earlier. EPS fell to $0.02 from $0.07 as time charter revenues declined to $52.1 million from $57.1 million, impacted by the sale of two vessels and increased drydocking days.

For the full year 2025, net income rose to $17.8 million with $12.1 million attributable to common stockholders, compared to $12.7 million and $7.0 million in 2024. Time charter revenues were $213.5 million versus $228.2 million, while basic and diluted EPS improved to $0.11 from $0.06 and $0.05 respectively.

The company declared a cash dividend of $0.01 per common share for the fourth quarter of 2025, payable on March 18, 2026, to shareholders of record as of March 11, 2026. As of February 25, 2026, there were 115,789,435 common shares issued and outstanding and 16,202,921 warrants outstanding.

As of February 25, 2026, the fleet comprised 20 dry bulk vessels across Ultramax, Panamax and Kamsarmax classes, chartered at gross rates generally between $12,250 and $15,750 per day. The sale of two vessels and additional drydocking days in Q4 reduced available days for hire.