Star bulk carriers corp. declares quarterly cash dividend, payable on or about december 16, 2019

Star bulk carriers corp. announced that its board of directors declared a quarterly cash dividend of $0.05 per share on november 20, 2019, payable on or about december 16, 2019, to all shareholders of record as of december 2, 2019 (record date). the ex-dividend date is expected to be november 29, 2019. on november 20, 2019, the board also established a future dividend policy pursuant to which the board intends to declare a dividend in each of february, may, august and november in an amount equal to (a) sblk’s total cash balance minus (b) the product of (i) the minimum cash balance per vessel and (ii) the number of vessels.
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