SBLK Star Bulk Carriers dividend history, payout ratio & dates
Star Bulk Carriers's last dividend payment of $0.7 per share was made to shareholders on record before Aug 27, 2024. The dividend payment stands at $2.12 per share annually, which equates to a dividend yield of 11.33%. The latest SBLK stock dividend of $0.7 is a decrease from the previous $0.75 distribution, representing a change of -7%.
Key dates
- SBLK last dividend date: Aug 27, 2024
SBLK dividend stats
vs. Industrials sector
Dividend yield
SBLK has a dividend yield of 11.33% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.36%, Star Bulk Carriers's dividend yield is 733% higher. The current dividend yield is lower than the historical average of 12.5% of the last 5 years.
Dividend history
Star Bulk Carriers has a dividend history dating as far as 2008, but lately the company has been paying dividends for the last five consecutive years. According to our records SBLK has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 17% since one year ago. And with the stock price down by 4.4% from a year ago, the dividend yield marks a decrease of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 27, 2024 | $0.7 | 10.05% |
| Jun 6, 2024 | $0.75 | 7.13% |
| Mar 11, 2024 | $0.45 | 5.89% |
| Dec 4, 2023 | $0.22 | 7.23% |
| Aug 21, 2023 | $0.4 | 14.57% |
| Jun 6, 2023 | $0.35 | 20.53% |
| Feb 27, 2023 | $0.6 | 21.28% |
| Nov 29, 2022 | $1.2 | 34.03% |
| Aug 24, 2022 | $1.65 | 27.78% |
| Jun 2, 2022 | $1.65 | 17.92% |
| Mar 1, 2022 | $2 | 15.65% |
| Dec 9, 2021 | $1.25 | 10.51% |
| Aug 19, 2021 | $0.7 | 4.89% |
| May 27, 2021 | $0.3 | 1.55% |
| Feb 28, 2020 | $0.05 | 1.15% |
| Nov 29, 2019 | $0.05 | 0.45% |
Star Bulk Carriers dividend payout ratio
Payout ratio
SBLK has a payout ratio of 77.1% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 32.7%, Star Bulk Carriers's payout ratio is 136% higher.
Total amount of dividends paid per financial year (from cash flow)
SBLK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBLK Star Bulk Carriers Corp | 11.33% | $2.12 | 70.9% |
| DSX Diana Shipping Inc | 10.71% | $0.23 | 204.5% |
| ESEA Euroseas Ltd | 5.83% | $2.3 | 13.5% |
| NMM Navios Maritime Partners L.P. | 0.39% | $0.2 | 2.2% |
Frequently asked questions
Does Star Bulk Carriers pay a dividend?
Yes, Star Bulk Carriers has paid four dividends in the last 12 months. SBLK has been paying dividends since 2019.
When was SBLK's last dividend?
Star Bulk Carriers's last dividend ex-date was on Aug 27, 2024. The dividend amount was $0.7 per share.
How much dividend does Star Bulk Carriers pay (per share)?
On an annual basis SBLK pays $2.12 per share.
What is Star Bulk Carriers's dividend yield?
The current dividend yield of Star Bulk Carriers is 11.33%.
How often does Star Bulk Carriers pay dividends?
Star Bulk Carriers pays four dividends per year.
What is Star Bulk Carriers's dividend payout ratio?
Star Bulk Carriers's dividend payout ratio is 77.1%.
Does Star Bulk Carriers pay a good dividend?
Star Bulk Carriers's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.