Star Bulk Carriers Corp. Reports Net Profit of $0.5 Million For the First Quarter of 2025, and Declares Quarterly Dividend of $0.05 Per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2025
0mins
Source: Globenewswire
Financial Performance: Star Bulk Carriers reported a net income of $462,000 for Q1 2025, a significant drop from $74.9 million in Q1 2024, with voyage revenues decreasing to $230.7 million due to lower charter rates despite an increase in the fleet size.
Dividend and Share Repurchase: The company amended its dividend policy to pay a minimum quarterly dividend of $0.05 per share and repurchased approximately 1.3 million shares during the first quarter, emphasizing a commitment to shareholder value amidst market challenges.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
