Star Bulk Carriers: Dividend Insights
Portfolio Pulse from Benzinga Insights
Star Bulk Carriers (NASDAQ:SBLK) announced a quarterly dividend of 35 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning SBLK by the end of Monday's session will be eligible for the dividend, which will be paid on June 27, 2023.

June 01, 2023 | 2:49 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Star Bulk Carriers' stock will likely trade lower on Tuesday due to the ex-dividend date, reflecting the 35 cents per share dividend payout.
The stock price of Star Bulk Carriers is expected to trade lower on the ex-dividend date, as the market adjusts for the dividend payout. This is a common occurrence for stocks when they go ex-dividend, as the stock price is adjusted to reflect the dividend payment. In this case, the stock will likely open 35 cents lower than it would have on any other day, which may lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100