DIVIDEND ANNOUNCEMENT: 8.00% Ser C Cum Red Perp Pfd/Safe Bulkers Inc (NYSE:SB__PC) on 01/10/2020 declared a dividend of $0.5000 per share

8.00% Ser C Cum Red Perp Pfd/Safe Bulkers Inc (NYSE:SB__PC) on 01/10/2020 declared a dividend of $ 0.5000 per share payable on January 30, 2020 to shareholders of record as of January 23, 2020.

8.00% Ser C Cum Red Perp Pfd/Safe Bulkers Inc (NYSE:SB__PC) has paid dividends since 2014, has a current dividend yield of 8.7412586212% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 22.88 and has a 52 week low/high of $ 19.02 and $ 23.24.

Safe Bulkers is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for consumers of marine drybulk transportation services. As of Feb. 9, 2018, Co. had a fleet of 39 drybulk vessels, with an aggregate carrying capacity of 3,513,800 dwt and an average age of 7.6 years. Co. deploys its vessels on both period time charters and spot time charters. The vessels on period time charters provide Co. with relatively stable cash flow and utilization rates, while the vessels in the spot market allow Co. to maintain its flexibility in low charter market conditions.

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