Safe Bulkers Declares $0.50 Dividend on 8% Series C and D Preferred
SB•Safe Bulkers’ board declared a $0.50 per share quarterly dividend on its 8.00% Series C and D perpetual preferred shares for the period April 30 to July 29, 2026. The dividend will be paid on July 30, 2026 to shareholders of record as of July 17, 2026.
1. Dividend Declaration
The Board of Directors approved a cash dividend of $0.50 per share on each of the Company’s 8.00% Series C and Series D cumulative redeemable perpetual preferred shares covering the period from April 30 to July 29, 2026.
2. Record and Payment Dates
Shareholders of record as of July 17, 2026 will receive the dividend on July 30, 2026. Dividends on these preferred shares are payable quarterly in arrears on the 30th day of January, April, July and October, with payment dates adjusted if they fall on weekends or holidays.
3. Future Dividend Policy
Declaration and payment of any future dividends remain at the discretion of the Board and will depend on factors such as the Company’s earnings, fleet employment profile, financial condition, liquidity, debt covenants and global market conditions, with no guarantee of distribution.
