NEW YORK ( TheStreet) -- The ex-dividend date for Star Bulk Carriers Corp (Nasdaq: SBLK) is, November 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $1.26 as of 9:30 a.m. ET, the dividend yield is 15.6%. The average volume for Star Bulk Carriers has been 173,000 shares per day over the past 30 days. Star Bulk Carriers has a market cap of $81.5 million and is part of the services sector and transportation industry. Shares are down 52.1% year to date as of the close of trading on Tuesday. Star Bulk Carriers Corp. operates as a shipping company providing seaborne transportation solutions in the dry bulk sector worldwide. Its vessels transport major bulks, which include iron ore, coal, and grain; and minor bulks, such as bauxite, fertilizers, and steel products. The company has a P/E ratio of 0.6, below the average transportation industry P/E ratio of 3.6 and below the S&P 500 P/E ratio of 17.7.
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