Safe Bulkers 8% Series D Cumulative Redeemable Preferred Stock

By: ,

Issue 6/26/2014    

Shares Issued  2,800,000   Overallotment Shares  420,000 

S&P Rating   NR   Moodys Rating   NR

----ADVERTISEMENT----

Security Ticker Symbol   SB-D    OTC Temporary Ticker  SBFKF

Market Traded ON   NYSE

Dividend Payment Paid on the 30th of January, April, July and October beginning on 10/30/2014

Quarterly Dividend   .50   Annual Dividend   2.00

Securities may be redeemed, at the issuers option, as early as 6/30/2019 for a redemption price of $25/share plus accrued dividends

----ADVERTISEMENT----

Dividend Payment Will Be a Qualified Distributions.  Preferential tax treatment will be available on this issue.

It should be noted that this issue is a ‘perpetual’ issue which means there is a possibility that it will never be redeemed.

Company Investor Relations Page for Safe Bulkers

Below you can find the offering Prospectus and Final Pricing Document

X
Are YOU Ready for the Biden Disaster Plan?
"...It's worse than you think."
—Dr. Mark Skousen
X
Search Dividend Investor