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Star Bulk Carriers Corp. Dividends

SBLK Stock Analysis

Page title

Section title

Dividend Yield
13.98%
Payout Ratio
68.61%
Dividend Amount Per Share
-
Last Ex-Dividend Date
Aug 27, 2024

SBLK Dividend Safety

SBLK paid out 68.61% of its $174M earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

SBLK's Dividend Payout Ratio of 68.61% is approaching unsustainable levels for the Industrials sector, raising concerns about reinvestment and future growth.

Interest Rate Coverage

SBLK's Interest Coverage Ratio of 4.028 indicates strong financial health with easy coverage of interest expenses.

Income Quality

SBLK shows excellent income quality with a ratio of 1.897. This indicates high-quality earnings and low risk of dividend cuts.

SBLK Dividend Growth

Star Bulk Carriers Corp.(SBLK) offers a dividend yield of 13.98% and pays $0 in dividends per share. Explore the historical dividend growth of SBLK.

Dividend Stability

SBLK has shown inconsistent dividend payments over the past 5 years with 6 cuts over 5%.

Dividend Growth

SBLK's dividend payments have increased by 69.522% annually over the last 5 years.

Earnings Growth

SBLK's earnings have grown by 233.542% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

SBLK Dividend Yield Attractiveness

Star Bulk Carriers Corp.(SBLK) provides a dividend yield of 13.98%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Sector

Industry

Peers

SBLK

2.84%

8.14%

8.80%

13.98%

Dividend Yield

SBLK's dividend yield of 13.98% is considered high compared to the sector average of 2.839%, indicating a higher potential risk for investors.

SBLK Cash Flow

Over the past 12 months, SBLK generated $1B in revenue, produced $420M in free cash flow, and distributed $222M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

SBLK's free cash flow has grown by 44.059% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

SBLK Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Star Bulk Carriers Corp.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.