Star Bulk Carriers Corp.

NasdaqGS:SBLK Stock Report

Mkt Cap: US$2.3b

Star Bulk Carriers Dividend

Dividend criteria checks 3/6

Star Bulk Carriers Corp. is a dividend paying company with a current yield of 35.2% that is well covered by earnings.

Key information

35.2%

Dividend yield

103%

Payout ratio

Industry average yield27.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$8.00
Earnings per shareUS$7.60
Dividend yield forecast in 3Y17.0%

Recent dividend updates

Recent updates

We Think Star Bulk Carriers (NASDAQ:SBLK) Might Have The DNA Of A Multi-Bagger

Jan 28
We Think Star Bulk Carriers (NASDAQ:SBLK) Might Have The DNA Of A Multi-Bagger

Is It Too Late To Consider Buying Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Jan 11
Is It Too Late To Consider Buying Star Bulk Carriers Corp. (NASDAQ:SBLK)?

Star Bulk Carriers (NASDAQ:SBLK) Seems To Use Debt Quite Sensibly

Dec 15
Star Bulk Carriers (NASDAQ:SBLK) Seems To Use Debt Quite Sensibly

We Think Star Bulk Carriers (NASDAQ:SBLK) Might Have The DNA Of A Multi-Bagger

Oct 24
We Think Star Bulk Carriers (NASDAQ:SBLK) Might Have The DNA Of A Multi-Bagger

What Is Star Bulk Carriers Corp.'s (NASDAQ:SBLK) Share Price Doing?

Oct 10
What Is Star Bulk Carriers Corp.'s (NASDAQ:SBLK) Share Price Doing?

Should You Be Adding Star Bulk Carriers (NASDAQ:SBLK) To Your Watchlist Today?

Sep 26
Should You Be Adding Star Bulk Carriers (NASDAQ:SBLK) To Your Watchlist Today?

Star Bulk Carriers (NASDAQ:SBLK) Could Easily Take On More Debt

Aug 29
Star Bulk Carriers (NASDAQ:SBLK) Could Easily Take On More Debt

Dividend Yield vs Market

Star Bulk Carriers Dividend Yield vs Market
How does SBLK dividend yield compare to the market?
SegmentDividend Yield
Company (SBLK)35.2%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.2%
Industry Average (Shipping)27.5%
Analyst forecast in 3 Years (SBLK)17.0%

Notable Dividend: SBLK's dividend (35.21%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: SBLK's dividend (35.21%) is in the top 25% of dividend payers in the US market (4.24%)


Stability and Growth of Payments

How stable has Star Bulk Carriers's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20254.211
12/31/20244.453
12/31/20233.354
2/1/2023835.21
3/15/2022834.78
2/16/2022827.54
11/18/2021522.91
8/7/20212.812.96
5/21/20211.25.92
4/1/2021-0
2/17/2021-0
11/16/2020-0
9/30/2020-0
8/5/2020-0
5/26/2020-0
4/2/20200.23.85
3/27/20200.23.62
2/19/20200.22.87
11/20/20190.21.99

Stable Dividend: SBLK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SBLK's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (102.9%), SBLK's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (82.9%), SBLK's dividend payments are covered by cash flows.


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