Reminder: Safe Bulkers' Series C Preferred Shares Goes Ex-Dividend Soon

Safe Bulkers Inc.'s 8.00% Series C perpetual preferred shares (SB.PRC) will trade ex-dividend on 4/17/26 for a quarterly dividend of $0.50 per share, payable on 4/30/26. Based on the recent share price of $26.59, the dividend implies a yield of about 7.5%. The announcement is routine and likely to have minimal market impact.

Analysis

Safe Bulkers Inc.'s 8.00% Series C perpetual preferred shares (SB.PRC) will trade ex-dividend on 4/17/26 for a quarterly dividend of $0.50 per share, payable on 4/30/26. Based on the recent share price of $26.59, the dividend implies a yield of about 7.5%. The announcement is routine and likely to have minimal market impact.