Star Bulk Carriers (SBLK) Tops Q1 EPS by 4c; Declares $0.05 Quarterly Dividend; 8.7% Yield
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Star Bulk Carriers Corp. (Nasdaq: SBLK) reported Q1 adjusted EPS of $0.02, $0.04 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $29.28 million versus the consensus estimate of $24.05 million.
Star Bulk has declared a cash dividend of $0.05 per outstanding share, $0.20 annualized.
The dividend is payable on or about June 1, 2011, to shareholders of record as of May 23, 2011, with an ex-dividend date of May 19, 2011.
Yield on the dividend is 8.7 percent.
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Star Bulk has declared a cash dividend of $0.05 per outstanding share, $0.20 annualized.
The dividend is payable on or about June 1, 2011, to shareholders of record as of May 23, 2011, with an ex-dividend date of May 19, 2011.
Yield on the dividend is 8.7 percent.
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