Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 312

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 312
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ter

revenue
expected to

be generated

from fixed

and non-cancelable

time charter

contracts existing

as of

December
31, 2024 and until their expiration was as follows:

Period
Amount
Year 1
$
124,091
Year 2
17,373
Year 3
725
Total
$
142,189

11.

Capital Stock and Changes in Capital Accounts
a)

Preferred stock
:
As of December 31, 2024, and 2023, the

Company’s authorized preferred stock
consists of
50,000,000
shares, respectively

(all in

registered form),

par value

$
0.01
per share,

of which
1,000,000
shares

are

designated

as

Series

A

Participating

Preferred

Shares,
5,000,000
shares

are
designated as

Series B

Preferred Shares,
10,675
shares are designated

as Series

C Preferred

Shares and
400
shares

are

designated

as

Series

D

Preferred

Shares.

As

of

December

31,

2024

and

2023,

the
Company had
zero
Series A Participating Preferred Shares issued and outstanding.
b)

Series

B

Preferred

Stock:
As

of

December

31,

2024,

and

2023,

the

Company

had
2,600,000
Series B Preferred

Shares issued and

outstanding with

par value $
0.01
per share, at

$
25.00
per share and
with liquidation preference

at $
25.00
per share.
Holders of Series B Preferred Shares have no voting rights
other than the ability, subject to certain exceptions, to elect one director if dividends for six quarterly
dividend periods (whether or not consecutive) are in arrears and certain other limited protective voting
rights.
Also, holders of Series B Preferred

Shares rank prior to the holders

of common shares with respect
to dividends,

distributions and

payments upon

liquidation and

are subordinated

to all

of the

existing and
future indebtedness.
Dividends on the Series

B Preferred Shares

are cumulative from

the date of original

issue and are

payable
on the 15th

day of January, April, July

and October of

each year at

the dividend rate

of