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Star Bulk Carriers (SBLK) Declares Reduced Qtr. Dividend of $0.05, Yielding 5.49%

June 25, 2009 10:22 AM EDT
Star Bulk Carriers (Nasdaq: SBLK) announced a reduced quarterly dividend from $0.18 last quarter to $0.05 per common share. The dividend is payable on or about July 14, 2009 to shareholders of record as of July 7, 2009.

The ex-dividend date is July 3.

Based on yesterday's closing price of $3.64, the dividend yields 5.49%.

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