Star Bulk Carriers's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Star Bulk Carriers (NASDAQ:SBLK) announced it will pay a quarterly dividend of 40 cents per share. The company will go ex-dividend on Monday, meaning the stock will likely open 40 cents lower. Shareholders who own SBLK as of the end of Friday's session are eligible to receive the dividend, which will be paid out on September 07, 2023.
August 16, 2023 | 2:45 pm
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Star Bulk Carriers will pay a 40 cents per share dividend, which may cause the stock to open lower on the ex-dividend date.
Dividends are typically priced into a company's stock. When a company goes ex-dividend, the stock price is often adjusted downward to account for the payout. Therefore, SBLK's stock price may open lower on the ex-dividend date.
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