Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 198

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 8
Chunk 198
---
Item 8.

Financial information

A.

Consolidated statements and other financial information

See “ Item 18. Financial Statements.”

Legal Proceedings

We have not been involved in any legal proceedings which may have, or have

had, a significant effect on

our business, financial position,

results of operations

or liquidity, nor are we aware of

any proceedings that

are pending or

threatened which may

have a significant

effect on our

business, financial position, results

of

operations

or

liquidity.

From time

to

time,

we may

be

subject to

legal proceedings

and

claims in

the

ordinary course of business,

principally personal injury

and property casualty

claims. We expect that

these

claims

would be

covered by

insurance, subject

to

customary deductibles.

Those claims,

even if

lacking

merit, could result in the expenditure of significant financial and

managerial resources.

Dividend Policy

Our board

of directors reviews

and amends our

dividend policy from

time to

time in

light of

our business

plans

and

other

factors. In

order

to

position

us

to

take

advantage

of

market

opportunities

in

a

then-

deteriorating

market,

our

board

of

directors,

beginning

with

the

fourth

quarter

of

2008,

suspended

our

common stock dividend. As a result of improving

market conditions in 2021, our board of directors

elected

to declare quarterly dividends

with respect to the

third quarter of 2021

and for each quarter

thereafter, until

the

fourth

quarter

of

2024

and

two

special

noncash

dividends,

as

described

in

Item

4A.

History

and

development of the Company.

The declaration and payment

of dividends will

always be subject to the

discretion of our board

of directors.

The

timing

and

amount

of

any

dividends

declared

will

depend

on,

among

other

things,

our

earnings,

financial condition and

cash requirements and

availability, our ability to obtain

debt and equity

financing on

acceptable terms as contemplated by our growth strategy and provisions of Marshall Islands

law affecting