Diana Shipping has sweetened its shareholder payout for the second quarter, thanks to achieving a better bottom line in a stronger dry bulk sector.

The Semiramis Paliou-led owner with 35 bulkers fixed on period deals has issued a $0.275 dividend for the three-month period, improving upon the previous quarter’s bonus of $0.25.

The Athens-based company returned to paying dividends last year after a 13-year hiatus by giving $0.10