DividendOct 2, 2026, 05:21 PM
Safe Bulkers Declares Quarterly Dividends on Preferred Shares
AI Summary
Safe Bulkers, Inc. announced that its Board of Directors has declared quarterly cash dividends on its Series C and Series D Cumulative Redeemable Perpetual Preferred Shares. The dividend for both series is $0.50 per share, covering the period from July 30, 2026, to October 29, 2026. These dividends are scheduled to be paid on October 30, 2026, to shareholders of record on October 16, 2026. The company also noted that future dividend declarations are subject to the Board's discretion and depend on various factors including earnings, financial condition, and market conditions.
Key Highlights
- Safe Bulkers, Inc. declared a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares.
- A cash dividend of $0.50 per share was declared on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares.
- Dividends will be paid on October 30, 2026, to shareholders of record as of October 16, 2026.
- Dividends are payable quarterly in arrears on the 30th day of January, April, July, and October.
Price Impact
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