Star Bulk Carriers (SBLK) Declares $0.35 Quarterly Dividend; New $50M Buyback Announced

Star Bulk Carriers (NASDAQ: SBLK) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. The dividend will be payable on June 27, 2023, to stockholders of record on June 7, 2023, with an ex-dividend date of June 6, 2023. The annual yield on the dividend is 7.7 percent.

On May 16, 2023, the company Board of Directors cancelled the previous share repurchase program under which $8.5 million was still outstanding and authorized a new share repurchase program of up to an aggregate of $50.0 million.

For a dividend history and other dividend-related data on Star Bulk Carriers (SBLK) click here.

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