PIRAEUS, GREECE – October 3, 2025 – Star Bulk Carriers Corp. (NASDAQ: SBLK), a leading global dry bulk shipping company, today announced a significant addition to its leadership, appointing Mikkel Storm Weum to its Board of Directors as a Class B director. This strategic move, effective immediately, is poised to inject fresh
PIRAEUS, GREECE – October 3, 2025 – Star Bulk Carriers Corp. (NASDAQ: SBLK), a leading global dry bulk shipping company, today announced the appointment of Mikkel Storm Weum to its Board of Directors as a Class B director. This strategic addition, effective immediately, introduces a seasoned professional with extensive experience in maritime
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Declared an ordinary dividend of $0.75 per share for the quarter, resulting in a trailing twelve-month yield of 12%, supported by $410 million in cash at the end of Q1 2025.
U.S. equities trading was mixed on Wednesday, with major indices showing limited movement by midday as investors remained cautious amid renewed concerns over fiscal policy, which pressured Treasury bonds and the dollar.
Though the company’s free cash flow ticked higher in 2024, it has been trending lower, and next year’s figure is forecast to be the worst since the pandemic.
