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Amit Mehrotra of Deutsche Bank expects Star Bulk's dividend policy, announced Wednesday night, may double the company's shares in 2020 Photo: Chris Preovolos

Star Bulk dividend policy is 'a game-changer'

Shares gain 7% Thursday morning after New York-listed company Wednesday night airs plan to give quarterly payout if certain cash-balance thresholds are met

21 November 2019 16:15 GMT Updated 21 November 2019 17:25 GMT

By Michael Juliano

Star Bulk Carriers' decision to implement a quarterly dividend policy should give a significant boost to the company's shares —

Bulkers

Star Bulk dividend policy is 'a game-changer'