Connecticut-based Eagle Bulk Shipping has rewarded investors with a profit and a quarterly dividend in what is quite likely its finale as a publicly traded shipowner.
The Gary Vogel-led owner outperformed consensus analyst expectations with net income of $6.7m or $0.71 per share that does not include adjustments for deal costs in its pending takeover by Star Bulk Carriers of Greece, which will go to a vote on 5 April.
