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 a quarterly dividend of 22 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 18, 2023. The stock is expected to open 22 cents lower on Monday to reflect the dividend payout.
November 29, 2023 | 2:45 pm
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Star Bulk Carriers will pay a quarterly dividend of 22 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to decrease by the amount of the dividend on the ex-dividend date as the dividend payment is factored into the stock price. This is a common occurrence and is typically priced in by the market.
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