Safe Bulkers Declares $0.50 Quarterly Dividend

Safe Bulkers, Inc. has announced a quarterly cash dividend of $0.50 per share on its Series C and Series D preferred shares. This decision was made by the Company’s Board of Directors and reflects the company’s ongoing commitment to returning value to its shareholders. The dividends will be distributed to shareholders of record on January 16, 2026, with payments scheduled for January 30, 2026.

Details of the Dividend Announcement

The Board of Directors of Safe Bulkers, Inc. has declared a cash dividend of $0.50 per share on its 8% Series C Cumulative Redeemable Perpetual Preferred Shares for the period from October 30, 2025, to January 29, 2026. Similarly, a cash dividend of $0.50 per share will also be issued for the 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares for the same period. Both dividends are part of the company’s regular quarterly payment schedule, which occurs on the 30th day of January, April, July, and October each year, barring any weekends or public holidays that may affect the payment date.

Safe Bulkers posts $1.7m profit in Q2 despite weaker rates and higher costs

Shareholders can expect to receive their dividends on January 30, 2026, provided they are on record as of January 16, 2026. This announcement underscores Safe Bulkers’ strategy to maintain a steady return for its investors while navigating the complexities of the shipping industry. The company’s commitment to its preferred shareholders is evident in its structured dividend payments, which are designed to provide consistent financial returns.

For more information on this announcement and other updates, interested parties can visit the official Dry Bulk magazine website.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button