| Stock Ticker | Home Page | Asset Class | Sector | Industry | Investment Strategy | Dividend Frequency | Geographic Focus |
|---|---|---|---|---|---|---|---|
| SBLK | Star Bulk Carriers Corp | Stock / Equity | Industrials | Shipping & Logistics | Growth | Quarterly | Global |
Star Bulk Carriers Corp. (SBLK) is a prominent shipping company specializing in dry bulk transportation. As a dividend stock, SBLK offers investors the opportunity to participate in the maritime industry while potentially earning income through dividends. In this article, we explore the fundamentals of SBLK dividend stock, including its dividend history, investment prospects, and the factors influencing its performance in the shipping sector.
| Section | Information |
|---|---|
Overview: |
SBLK is a shipping company specializing in the transportation of crude oil and refined petroleum products worldwide. With a fleet of modern vessels, SBLK offers reliable and efficient services to its clients, contributing to its strong market presence and financial performance. |
Business Model: |
SBLK's business model involves:
|
Industry Competition: |
SBLK faces competition from other shipping companies operating in the same
market segment, including:
|
Competitive Advantages: |
SBLK has several key advantages, including:
|
Management Team: |
SBLK's management team is led by experienced industry professionals who oversee operations, strategic planning, and financial management, ensuring the company's continued success and growth. |
Investment Thesis: |
Investors may consider SBLK for:
|
Conclusion: |
SBLK offers investors an attractive opportunity to participate in the global shipping industry, with its modern fleet, strong market presence, and potential for continued growth and profitability. |
| Section | Details |
|---|---|
SBLK Dividend Data |
Star Bulk Carriers Corp. (SBLK) has an annual dividend of $1.42 per share. The dividend is paid quarterly. The last ex-dividend date was on Mar 11, 2024. |
SBLK Dividend Yield |
The forward yield of SBLK is 5.76%. This means that for every $100 invested in the company's stock, investors would receive $5.76 in dividends per year. |
SBLK Dividend History |
Star Bulk Carriers has been paying dividends for less than 10 years and during this time payments have been volatile. The company has increased its dividend 7 times in the past 5 years, and its payout has grown 127.87% over the same time period. |
SBLK Dividend Payout & Dividend Payout Ratio |
Star Bulk Carriers pays a dividend of $1.42 per share. The dividend payout ratio is 80.7%, which is considered sustainable. This means that a large portion of the company's earnings are used to support the dividend, which could be a sign of a strong and stable company. |
SBLK Dividend Stability & Growth |
The dividend payout for Star Bulk Carriers has not been stable over the last 10 years. However, the company has increased its dividend 7 times in the past 5 years, and its payout has grown 127.87% over the same time period. |
| Star Bulk Carriers (SBLK) | TORM (TRMD) | SFL Corporation (SFL) | |
|---|---|---|---|
Industry Focus |
Ocean transportation of dry bulk cargoes worldwide | International seaborne transportation of crude oil and oil products | Ship owning and chartering |
Current Yield |
5.86% | 15.66% | 7.85% |
Price-to-Earnings Ratio (P/E) |
13.75 | 4.58 | 19.88 |
Investment Strategy |
Transportation of dry bulk cargoes, including iron ores, minerals and grains, bauxite, fertilizers, and steel products | Seaborne transportation of crude oil and oil products | Ship owning and chartering |
When considering the attractiveness of Star Bulk Carriers Corp's (SBLK) dividend, it's important to take into account the company's dividend history and its current yield. Over the past year, SBLK's dividend payout ratio has been sustainable, indicating stability and growth in its dividend payments. However, investing in SBLK's common shares for the purpose of dividend yield should be done with an understanding of the risks involved. The dry bulk vessel operator's earnings per share and annual dividend data should be analyzed in conjunction with the company's stock dividend date and last ex-dividend date.
The frequency of SBLK's dividend payout and the trend in its dividend yield vs. its stock dividend are also key factors to consider. While the company’s dividend paying history for Star Bulk Carriers has been consecutive in the recent years, the dividend yield and the dividend payout have varied. It's also worth noting that the company operates in the dry bulk sector, transporting assets like iron ore, coal, grain, bauxite, and other minor bulks. Therefore, any fluctuations in these markets could impact the company's earnings and, consequently, its dividend payout. This information is provided solely for informational purposes and should not be considered a recommendation or endorsement to invest in SBLK. Always conduct your own analysis before making investment decisions.