Star Bulk reports $58.5M Q1 net profit and declares $0.50/share dividend amid strong dry bulk market.

Star Bulk Carriers Corp. reported a net profit of $58.5 million for Q1 2026, a significant increase from $0.5 million in Q1 2025, driven by higher charter rates and strong dry bulk market conditions. The company declared a quarterly dividend of $0.50 per share, reflecting its full payout policy and robust cash flow. With a focus on fleet efficiency and new vessel deliveries, Star Bulk aims to return over $3 per share to shareholders in 2026, supported by a strong balance sheet and low operating costs. The outlook remains positive as supply-demand fundamentals in the dry bulk sector continue to support earnings growth.