Safe Bulkers has announced quarterly cash dividends for its Series C and Series D cumulative redeemable perpetual preferred shares. The Limassol-linked dry-bulk shipowner, which is listed on the New York Stock Exchange, declared a dividend of $0.50 per share for both series, reflecting an 8 per cent yield.
The dividends will cover the period from October 30, 2025, to January 29, 2026, with payments set to be made on January 30, 2026. Shareholders who are on record as of January 16, 2026, will be eligible to receive these dividends.
Safe Bulkers has a regular dividend schedule, with payments issued quarterly in arrears. The payment dates are January 30, April 30, July 30, and October 30, with provisions for adjustment if those dates fall on weekends or public holidays.
The decision to declare dividends is at the discretion of the company’s board and is influenced by several factors, including earnings, financial conditions, and broader economic circumstances. Safe Bulkers has highlighted that future dividend declarations will depend on liquidity needs, access to financing, and existing debt covenants.
Operating an international dry-bulk fleet, Safe Bulkers transports essential commodities like coal, grain, and iron ore along significant shipping routes. The company’s common shares and preferred shares are traded on the New York Stock Exchange under the symbols SB, SB.PR.C, and SB.PR.D.
In its communications, the company has also pointed out that forward-looking statements related to future performance and strategy carry inherent risks and uncertainties. Factors such as demand fluctuations in the dry-bulk sector, competitive dynamics, and operational challenges tied to international shipping can significantly impact the company’s outlook.
