New York-listed Star Bulk Carriers appears ready and able to restore a large shareholder dividend when it announces earnings later on Wednesday.
This could pave the way for its share price to eventually nearly double to $40, according to Deutsche Bank analyst Amit Mehrotra.
The analyst told clients that all appears aligned for the world's largest dry bulk shipowner to restore the payout policy with it first-quarter earnings report, with payments to begin in the current quarter.
