Star Bulk Crirs

Stock

ISIN: MHY8162K2046

Ticker: SBLK

MHY8162K2046

SBLK

Price

Discussion about SBLK

Posts

Jo'

@Jo_Wolf

3Wk·

🚢 Star Bulk Carriers Boosts Dividend Flexibility & Launches $100M Share Repurchase Program! 💰

Star Bulk Carriers ($SBLK (+0.05%) ) is shaking things up with an update to its dividend policy, offering more flexibility for shareholders. The company now plans to allocate up to 60% of cash flow toward quarterly dividends, after covering debt and maintenance costs. 📊

In addition, they’ve scrapped their old $50M share buyback program and launched a new $100M program to repurchase shares—especially when the stock is trading at a significant discount. 💥 This move comes as Star Bulk believes its shares are currently undervalued compared to the value of its assets.

Is this a smart strategy to boost shareholder value? 🤔 What do you think of Star Bulk's approach to dividends and repurchases? Let’s discuss! ⬇️

#SBLK
#StockBuyback
#DividendPolicy
#Investment
#Shipping
#Finance
#StockMarket

Elesglar

@Elesglar

1Mon·

Anyone with hopes for $SBLK (+0.05%) and arguments for it? I'm 27% down on this position and I'm not sure if it has good reasons to recover a bit or better reasons to keep going down. Any opinion, advise would be highly appreciated. Thinking seriously of getting out of it and looking for some other interesting companies.

3 Comments

Beavis Bilderpoop@KnifeCatcher

1Mon

Shipping in general lacks sentiment lately but, it'll be fine. I think it's bottomed out mostly. Star bulk are only down 10% on the year. Perhaps look at Norden DS, Danes. They cover both tankers and bulkers and usually have a nice dividend, comparable to sblk. They also shat a few % this afternoon but they're a good company and one of my largest positions.

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