Safe Bulkers Declares $0.50 Dividend on Series C and D Preferred Shares
Safe Bulkers’ Board declared a $0.50 per share cash dividend on its 8.00% Series C and 8.00% Series D cumulative perpetual preferred shares for the January 30 to April 29, 2026 period. Dividends will be paid on April 30, 2026 to holders of record as of April 17, 2026.
1. Dividend Declaration
Safe Bulkers’ Board of Directors approved a $0.50 per share cash dividend on the 8.00% Series C and Series D cumulative redeemable perpetual preferred shares for the period January 30 to April 29, 2026.
2. Payment Date and Record Date
The dividend will be paid on April 30, 2026 to shareholders of record as of April 17, 2026, with adjustments if the scheduled payment date falls on a weekend or public holiday.
3. Future Dividend Considerations
Future dividend declarations remain at the Board’s discretion and depend on the Company’s earnings, fleet employment profile, financial condition, cash requirements, debt covenants and prevailing economic conditions.