Star Bulk Carriers Corp (SBLK) Dividend History and Stock Dividend Date Analysis

Star Bulk Carriers Corp - SBLK - Market Position

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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.

Star Bulk Carriers Corp - SBLK - Current Market Data

Star Bulk Carriers Corp - SBLK - Business Overview

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Section Information


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:
  • Revenue generation by transporting crude oil and refined petroleum products through its fleet of vessels.
  • Profit distribution by maintaining operational efficiency and optimizing shipping routes to maximize revenue and shareholder returns.
  • Continuous fleet optimization to ensure competitiveness and adaptability to market changes.

Industry Competition:

SBLK faces competition from other shipping companies operating in the same market segment, including:
  • Frontline Ltd. (FRO)
  • Teekay Tankers Ltd. (TNK)
  • Nordic American Tankers Limited (NAT)

Competitive Advantages:

SBLK has several key advantages, including:
  • A modern and diversified fleet of vessels, ensuring operational efficiency and flexibility.
  • Global reach and established relationships with clients and partners, facilitating consistent business growth.
  • Strategic investments in technology and innovation to enhance fleet performance and maintain a competitive edge.

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:
  • Stable dividend income and potential capital appreciation.
  • Exposure to the global shipping industry and its growth opportunities.
  • Diversification within the energy sector and broader maritime transportation market.


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.

SBLK Dividend Analysis

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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.

SBLK Chart

SBLK Comparative Analysis

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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

Industrial Stocks



Technical Analysis

Additional Considerations

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.