Star Bulk (NASDAQ:SBLK) finalizes merger with Eagle Bulk Shipping, expands board and leadership team
Star Bulk Carriers Corp. (NASDAQ:SBLK), a global shipping company, has announced the completion of its merger with Eagle Bulk Shipping, signaling a major consolidation in the dry bulk sector. Under the agreement, Eagle shareholders will be compensated with 2.6211 shares of Star Bulk common stock for each share they held, leading to the delisting of Eagle's stock from the New York Stock Exchange. With the successful finalization of the merger, Gary Weston has joined the Board of Directors at Star Bulk. Further appointments in leadership and advisory roles have also been made to guarantee seamless consolidation of the merging companies.
$ZIM Integrated Shipping Services Ltd.(ZIM)$ need to buy around $17 or the lowest rightafter ex date, take the risk to wait and to sell before the next ex date, eg purchase 17+declared div 6.4, if sold at $24, get profit $7. If wait div $6.4 if less tax 25% same as per previous, then net div $4.8, i am still waitingmy div to be credited. So i did both ways as trial, to test, and to help me gain back my loss. If in future Zim declares dividend Eg $10 , the TP to sell become (purchase price $17 plus $10=$27 to sell before ex date. If manage to sell, the profit similar as getting dividend without tax. I first time bought Zim at 88, continue
13F Tracking of Cathie Wood, Howard Marks, Dalio, Simons, Raymond…
This article is based on regulatory13F Formfiled on 1/24/2023, showing the Top holdings and big changes made to some famous Hedge funds' 13F portfolio.1. Cathie Wood's ARK Invest 13F Portfolio - Q4 2022 UpdateARK Invest’s 13F portfolio value decreased from $14.35B to $11.54B this quarter.They increased Tesla, Ginkgo Bioworks, and Coinbase Global stakes while decreasing $NVIDIA Corp(NVDA)$ ,$Fate Therapeutics(FATE)$ , and $TuSimple Holdings Inc.(TSP)$ during the quarter.The top three positions are $Exact
🚢 SBLK vs. ZIM Stock - Which one is better ? ZIM has been beaten down badly however i am thinking to wait if price dip again in 2023 then i add, meanwhile i like SBLK which is also a shipping company, the dividend received in full (without tax deduction) and the stock price is quite defensive. I will consider to buy $Star Bulk Carriers(SBLK)$ at $17. Its dividend 4x a year, from the company website : As of May 2021, the current dividend policy provides that the Board may declare a dividend in each of February, May, August and November in an amount equal to (a) Star Bulk’s Total Cash Balance minus (b) the product of (i) the Minimum Cash Balance per Vessel and (ii) the Number of Vesse
Prediction entries $Tiger Brokers(TIGR)$ 💛 $Berkshire Hathaway(BRK.B)$ Bullish 💚 $Star Bulk Carriers(SBLK)$ ❤️ Bearish, EX DATE soon, my previous experience did not have Tax for the dividend. Bearish because future not sure if will still give good dividend? See the history div amount fluctuated. Not investment advice, pls do yr own DD.
7 Top-Tier Dividend Stocks to Buy for 2023 InvestorPlace2022-11-19 09:04 Amgen -0.10% Post Star Bulk Carriers -0.10% Post While the names and sectors vary, all of these stocks have one thing in common – they’re among the best dividend stocks you can buy as 2022 comes to a close. Lockheed Martin (LMT): The defense contractor is up more than 30% on the year as the U.S. keeps a wary eye on the war in Ukraine and tensions with China and North Korea. Amgen (AMGN): Amgen impressed investors and analysts alike by unveiling updated long-term positive data about the effectiveness of Repatha drug that is used to treat high cholesterol. Arbor Realty Trust (ABR): The disbursement rules for real estate investment trusts makes them reliable picks for dividend investors. Star Bulk Carriers (SBLK): Invest
$SBLK $Star Bulk Carriers(SBLK)$ I will be traveling next week so Only holding 2 positions right now $SBLK long term (mega dividend payment if dividend is declared again) $SDOW $SDOW(SDOW)$ (for current bear market, might add more down to $27-$29 range current support) support could go higher soon depending where this closes next few days.This market is very difficult because it’s too choppy. I prefer a market that has more consistent direction. Doesn’t matter to me what direction up or down but Unfortunately even scalping is tough right now. Be selective and watch support levels. If they break support have stop losses ready. Easy to get burned holding long positions. GL
There are 2 common facts at the moment, they are in 52 weeks low and DY become higher [Eye] I am holding both [Heart] They said shipping industry, the demand is low, that why the stock price bad, but i don't understand if demand low, how the people will transport their products? Unless economic bad, people fasting no need to eat ? Because many of this vessels carry cargoes that needed daily for production and eventually used for consumption or daily needs.If profit lower due to higher cost, possible but usually the cost will pass down to end user (which is us) Lunch price now has increased.Previously i have shown my love for Reits, so this time i will share the shipping stocks, i have $ZIM Integrated Shipping Ser
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2023, the company owned a fleet of 116 dry bulk vessels with combined carrying capacity of 13.1 million deadweight tonnage (dwt) consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.