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Safe Bulkers Declares Quarterly Dividend on Preferred Shares
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Safe Bulkers Declares Quarterly Dividend on Preferred Shares

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An announcement from Safe Bulkers ( (SB) ) is now available.

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. The dividends will be paid on January 30, 2025, to shareholders of record as of January 17, 2025. This move reflects the company’s ongoing commitment to returning value to its stakeholders, subject to the Board’s discretion, considering various financial and market conditions.

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 coal, grain, and iron ore, along global shipping routes. The company is publicly traded on the NYSE under the symbols SB, SB.PR.C, and SB.PR.D.

YTD Price Performance: 0.0%

Average Trading Volume: 641,508

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $390.8M

See more insights into SB stock on TipRanks’ Stock Analysis page.

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