Safe Bulkers Announces Ex-Dividend Date for Series C Preferred Shares

Apr 15, 2026 19:58 UTC

SB.PRC, SB

Immediate term

Safe Bulkers Inc. has designated April 17, 2026, as the ex-dividend date for its Series C preferred stock. Eligible holders will receive a quarterly distribution of $0.50 per share.

Ex-dividend date: April 17, 2026
Dividend amount: $0.50 per share
Asset: 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares
Ticker: SB.PRC
Common shares (SB) remained flat during the announcement

Safe Bulkers Inc. has confirmed the upcoming ex-dividend date for its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (SB.PRC), scheduled for April 17, 2026. This announcement provides necessary timing for income-focused investors to determine eligibility for the upcoming payout. Shareholders of record will receive a quarterly distribution of $0.50 per share. This payment is consistent with the 8.00% coupon rate associated with the Series C preferred equity structure. In recent trading sessions, the preferred shares (SB.PRC) saw a marginal increase of approximately 0.3%. Meanwhile, the company's common shares (SB) remained largely unchanged, indicating that the market views the dividend reminder as a routine administrative event. The stability in the common stock suggests that the dividend announcement is not acting as a catalyst for a broader valuation shift, but rather serves as a scheduled update for preferred shareholders.