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Safe Bulkers Reports Q4 2024 Results and Declares Dividend

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Safe Bulkers Reports Q4 2024 Results and Declares Dividend

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Safe Bulkers ( (SB) ) just unveiled an announcement.

Safe Bulkers, Inc. announced its unaudited financial results for the fourth quarter and full year of 2024, revealing net revenues of $71.5 million for Q4 and $307.6 million for the year. The company also declared a cash dividend of $0.05 per share of outstanding common stock, reflecting its commitment to returning value to shareholders despite a slight decrease in quarterly net revenues compared to previous quarters.

More about Safe Bulkers

Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, operating in the shipping industry. The company focuses on transporting dry bulk cargoes across various international routes, serving a global market.

YTD Price Performance: 0.82%

Average Trading Volume: 705,402

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $394M

For a thorough assessment of SB stock, go to TipRanks’ Stock Analysis page.

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