Star Bulk Carriers: 8% Yield, Outperforming In 2024
SBLKStar Bulk(SBLK) Seeking Alpha·2024-02-25 22:15
Denys Yelmanov Fishing for high yield income in 2024? The marine shipping industry has long been a source of high percentage dividend yields, due to the up and down cycles of shipping rates and general volatility. Dry bulk rates surged in 2021 and early 2022, benefiting some shipping companies, such as Star Bulk Carriers Corp. (NASDAQ:SBLK). Rates have decreased since then, which has created some rough looking quarterly earnings comps. Company Profile: Star Bulk is a global shipping company that provide ...