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EGLE ex-dividend on 7/26 ($0.50)

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Eagle Bulk Shipping, a dry bulk transporter, will pay a regular Quarterly dividend of $0.50 on August 3 to holders as of Wednesday, July 26. That’s a nice 14% yield, but the company just issued $33 millions of new shares to institutional investors at only $12/share, a bulk of that is going to pay for the dividends. So better flip in and out on this one.

This entry was posted on Wednesday, July 19th, 2006 at 5:47 pm and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “EGLE ex-dividend on 7/26 ($0.50)”

  1. Anonymous Says:
    July 20th, 2006 at 4:24 am

    Record date is July 28th. Please see the above link

  2. Sam Says:
    July 22nd, 2006 at 11:57 am

    Yep. Exdiv is 7/26.

  3. Keith Says:
    July 29th, 2006 at 12:25 am

    Rode that one out on the backside after xdivd was a little shaky but made out .40 on the options

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