Safe Bulkers' Series D Preferred Shares Cross 7.5% Yield Mark
March 26, 2024 at 14:14 PM EDT
In trading on Tuesday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB. RD) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.30 on the day.