Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 215

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 10
Chunk 215
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 of the ownership of our common stock.

As used

herein, the

term “ U. S.

Holder” means

a beneficial

owner of our

common stock

that (i)

is a

U. S.

citizen or resident, a

U. S. corporation or other U. S.

entity taxable as a corporation,

an estate, the income

of which

is subject to

U. S. federal income

taxation regardless of

its source, or

a trust if

(a) a

court within

the

United

States is

able to

exercise primary

jurisdiction over

the

administration of

the trust

and one

or

more U. S. persons

have the authority

to control all

substantial decisions

of the trust

or (b) it

has an election

in

place

to

be

treated

as

a

United

States

person;

and

(ii)

owns

the

common

stock

as

a

capital

asset,

generally, for investment purposes.

If

a partnership

holds our

common stock,

the

tax treatment

of

a partner

will generally

depend upon

the

status of the partner and

upon the activities of the

partnership. If you are a partner

in a partnership holding

our common stock, you are encouraged to consult your own

tax advisor on this issue.

Distributions

Subject to

the discussion of

passive foreign investment

companies below,

any distributions made

by the

Company with respect to its common

stock to a U. S. Holder will

generally constitute dividends, which

may

be

taxable

as

ordinary

income

or

“qualified

dividend

income”

as

described

in

more

detail

below,

to

the

extent of

the Company’s

current or

accumulated earnings

and profits,

as determined

under U. S.

federal

105

income tax principles. Distributions in excess of the Company’s earnings

and profits will be treated first as

a non-taxable return of capital

to the extent of the U. S. Holder’s

tax basis in his common stock

on a dollar-

for-dollar basis

and thereafter

as capital

gain. Because

the Company

is not

a U. S.

corporation,

U. S. Holders

that are corporations will generally not

be