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Safe Bulkers Declares Quarterly Dividend for Preferred Shares

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Safe Bulkers Declares Quarterly Dividend for Preferred Shares

Safe Bulkers ( (SB) ) has issued an announcement.

On April 2, 2025, Safe Bulkers, Inc. announced the declaration of a quarterly cash dividend of $0.50 per share on its 8.00% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares. These dividends are set to be paid on April 30, 2025, to shareholders of record as of April 17, 2025. The decision to declare and pay future dividends will depend on various factors, including the company’s earnings, financial condition, and global economic conditions, among others.

More about Safe Bulkers

Safe Bulkers, Inc. is an international provider of marine dry-bulk transportation services, specializing in the transportation of bulk cargoes such as grain, coal, and iron ore across global shipping routes. The company’s common stock, as well as its Series C and D preferred stocks, are listed on the NYSE under the symbols SB, SB.PR.C, and SB.PR.D, respectively.

YTD Price Performance: 6.53%

Average Trading Volume: 653,948

Technical Sentiment Signal: Hold

Current Market Cap: $388.4M

Learn more about SB stock on TipRanks’ Stock Analysis page.

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