If investors are energised by Star Bulk Carriers' confirmation of an expanded dividend payout on Wednesday, they're certainly taking their sweet time to show it.
Shareholders sent the stock down as much as 11% in Thursday morning trading on the New York Stock Exchange, before the day ended with a 6.8% decline and the share price at $21.
The numbers showed red even as management touted the improved distribution during a quarterly earnings call on Thursday.
