On July 17, 2026, Safe Bulkers Inc’s 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (SB.PRC) will trade ex-dividend, with a quarterly dividend of $0.50 payable on July 30, 2026. This dividend represents approximately 1.89% of SB.PRC’s recent share price of $26.52. Consequently, SB.PRC shares are expected to open 1.89% lower on the ex-dividend date.
Annually, the current yield for SB.PRC is about 7.54%, slightly below the average yield of 7.84% in the “Shipping” preferred stock category. As of the latest trading data, SB.PRC shares are down approximately 0.1%, while the common shares (SB) have decreased about 1.8%.
Safe Bulkers Inc (SB) constitutes 1.05% of the Roundhill Acquirers Deep Value ETF (DEEP), which has seen a 1% increase on Wednesday.
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