Safe Bulkers Q3 2026 net income more than doubles year over year to USD 38.97 million
SB•Safe Bulkers’ third-quarter 2026 net income more than doubled year over year to USD 38.97 million, while net revenues rose 25% to USD 91.03 million. The board raised the common-stock dividend 20% to USD 0.09 per share, payable December 9, 2026.
1. Quarterly results
Safe Bulkers reported third-quarter 2026 net income of USD 38.97 million, more than double the year-earlier figure. Net revenues rose 25% year over year to USD 91.03 million, driven by higher charter hires and increased earnings from scrubber-fitted vessels.
2. Cash flow and dividend
Operating cash flow climbed 97% year over year to USD 136.2 million for the nine months ended September 30, 2026. The board raised the common-stock dividend 20% from its July declaration to USD 0.09 per share, payable December 9, 2026.
