Star Bulk outlines 145-vessel fleet, dividend policy in corporate presentation - SBLK News | RalliesStar Bulk outlines 145-vessel fleet, dividend policy in corporate presentation
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SBLK• Operational leverage metrics
- Operational leverage highlighted: daily cost per vessel USD 6,711; EBITDA sensitivity of about USD 72 million for each USD 1,500/day rate increase.
Capital returns framework and dividend policy
- Capital returns framework: 100% cash flow distribution policy; Q2 dividend set at USD 0.9 per share, subject to minimum cash thresholds.
Corporate presentation highlights fleet and balance sheet
- Star Bulk released a corporate presentation outlining its position as the largest US-listed dry bulk owner by aggregate deadweight.
- Fleet of 145 vessels on a fully delivered basis, including 3 newbuilding Kamsarmax vessels; average fleet age about 12 years.
- Balance sheet snapshot as of 30 June 2026: USD 565 million cash against USD 1.04 billion borrowings; net debt USD 476 million.
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