Safe Bulkers' Series C Preferred Shares Cross 8% Yield Mark
May 12, 2021 at 14:22 PM EDT
In trading on Wednesday, shares of Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (SB. RC) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.93 on the day.