Star Bulk Carriers: New Dividend Policy Unlocks A 15% Yield
Star Bulk Carriers Corp. has introduced a new dividend policy that allows for a potential yield of 15%. The company has seen significant stock appreciation and consistently exceeded earnings estimates. With strong guidance for Q2 and a disciplined approach to capital allocation, SBLK is positioned for continued growth.
- ▪Star Bulk Carriers has appreciated over 40% in stock value.
- ▪The company now pays 100% of free cash flow as dividends when cash exceeds $2.1 million per vessel.
- ▪SBLK has consistently beaten earnings estimates and has a solid balance sheet.
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