Safe Bulkers Declares Quarterly Dividends on Preferred Shares

Tip Ranks
2025.10.03 21:53
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Safe Bulkers, Inc. announced a quarterly cash dividend of $0.50 per share on its 8.00% Series C and Series D Preferred Shares, payable on October 30, 2025, to shareholders of record as of October 16, 2025. Future dividends will depend on earnings and financial conditions. The latest analyst rating for SB stock is a Hold with a $5.00 price target. Spark's AI Analyst rates SB as Neutral, noting solid financial performance but caution due to overbought conditions. Safe Bulkers specializes in marine drybulk transportation services and is publicly traded on the NYSE.

Safe Bulkers ( (SB) ) just unveiled an announcement.

On October 3, 2025, Safe Bulkers, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.50 per share on both its 8.00% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares. These dividends are for the period from July 30, 2025, to October 29, 2025, and will be paid on October 30, 2025, to shareholders of record as of October 16, 2025. The company emphasizes that future dividend declarations will depend on various factors including earnings, financial condition, and global economic conditions.

The most recent analyst rating on (SB) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Safe Bulkers stock, see the SB Stock Forecast page.

Spark’s Take on SB Stock

According to Spark, TipRanks’ AI Analyst, SB is a Neutral.

Safe Bulkers’ overall score is driven by solid financial performance and reasonable valuation, despite challenges in revenue and profitability. Technical indicators suggest strong momentum, but caution is advised due to overbought conditions. The earnings call highlights strategic fleet management and liquidity, though profitability concerns remain.

To see Spark’s full report on SB stock, click here.

More about Safe Bulkers

Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, specializing in the transport of bulk cargoes such as coal, grain, and iron ore across global shipping routes. The company is publicly traded on the NYSE, with its common and preferred stocks listed under the symbols ‘SB’, ‘SB.PR.C’, and ‘SB.PR.D’.

Average Trading Volume: 395,359

Technical Sentiment Signal: Strong Buy

Current Market Cap: $458.4M

For a thorough assessment of SB stock, go to TipRanks’ Stock Analysis page.

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