Star Bulk Carriers Corp. (SBLK) Tops Q2 EPS by 10c, Declares Dividend with 14.4% Yield
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Star Bulk Carriers Corp. (NASDAQ: SBLK) reported Q2 EPS of $0.03, $0.10 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $22.7 million versus the consensus estimate of $18.69 million.
The Board of Directors declared a cash dividend of $0.05 per outstanding share of the Company's common stock for the three months ending June 30, 2011. The dividend is payable on or about August 31, 2011, to shareholders of record as of August 25, 2011.
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The Board of Directors declared a cash dividend of $0.05 per outstanding share of the Company's common stock for the three months ending June 30, 2011. The dividend is payable on or about August 31, 2011, to shareholders of record as of August 25, 2011.
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