Maybulk

Maybulk will receive two new vessels by the end of this year, and another two by next year. it will have 19 vessels pin 2013, with 15 for dry bulk. The average age of its vessels is 8.8 years, but it will reduced to 5.9 years once the company receives all its new vessels this year and in 2013.
http://www.theedgemalaysia.com/in-the-financial-daily/213444-maybulk-to-scale-back-dividends-buy-new-vessels.html

Dividends
Dividend payments over the five-year period until 2011 have been on a downtrend, except in 2008 when the payout ratio was higher than in 2007. In 2007, the group's dividend payout ratio was at 70%, and later increased to 83% in 2008, before it went down to 62% for 2009, 42% for 2010 and 33% for 2011.
ttp://www.theedgemalaysia.com/in-the-financial-daily/213444-maybulk-to-scale-back-dividends-buy-new-vessels.html