Upcoming Cash Dividend for Safe Bulkers’ Series D Preferred Shares

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Safe Bulkers Inc’s 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (Symbol: SB.PRD) will trade ex-dividend on July 17, 2026, for a quarterly dividend of $0.50, payable on July 30, 2026. This dividend represents approximately 1.90% of SB.PRD’s recent share price of $26.25, suggesting shares may drop by this percentage at the opening. The current annualized yield is about 7.58%, compared to the average yield of 7.84% in the “Shipping” preferred stock category.

On July 12, 2026, SB.PRD was down 0.5% in trading, while the common shares (Symbol: SB) remained flat. Safe Bulkers Inc constitutes 1.05% of the Roundhill Acquirers Deep Value ETF (DEEP).

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