tiprankstipranks
Trending News
More News >

Safe Bulkers Declares Quarterly Dividend for Preferred Shares

Story Highlights
Safe Bulkers Declares Quarterly Dividend for Preferred Shares

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Safe Bulkers ( (SB) ).

On July 2, 2025, Safe Bulkers, Inc. announced the declaration of a quarterly cash dividend of $0.50 per share for its 8.00% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares, covering the period from April 30, 2025, to July 29, 2025. These dividends will be paid on July 30, 2025, to shareholders of record as of July 18, 2025. The decision reflects the company’s ongoing commitment to providing returns to its investors, although future dividends remain at the discretion of the Board of Directors, depending on various financial and market conditions.

The most recent analyst rating on (SB) stock is a Buy with a $4.20 price target. To see the full list of analyst forecasts on Safe Bulkers stock, see the SB Stock Forecast page.

Spark’s Take on SB Stock

According to Spark, TipRanks’ AI Analyst, SB is a Neutral.

Safe Bulkers’ stock is supported by strong financial performance and an attractive valuation, with a low P/E ratio and high dividend yield. However, the technical indicators and mixed earnings call sentiment reflect current market challenges and uncertainties in the marine shipping industry.

To see Spark’s full report on SB stock, click here.

More about Safe Bulkers

Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, primarily transporting bulk cargoes such as coal, grain, and iron ore along global shipping routes. The company’s common stock and preferred stock are listed on the NYSE under the symbols ‘SB’, ‘SB.PR.C’, and ‘SB.PR.D’.

Average Trading Volume: 449,837

Technical Sentiment Signal: Hold

Current Market Cap: $372.4M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1