Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares will trade ex-dividend on July 17, 2026, for a quarterly dividend of $0.50 per share, payable on July 30, 2026. Based on a recent share price of $26.52, the dividend represents approximately 1.89% of the share price, and the annualized yield is about 7.54%, compared to an average yield of 7.84% in the shipping preferred stock category according to Preferred Stock Channel. The common shares of Safe Bulkers make up 1.05% of the Roundhill Acquirers Deep Value ETF. In Wednesday trading, the preferred shares were down about 0.1% while the common shares were off about 1.8%.
Safe Bulkers IncSeries C preferred shares go ex-dividend July 17 for a $0.50 quarterly payout; a routine dividend event with no clear directional impact on the company.