S&P 500 5,278.40 +0.45% NASDAQ 16,755.02 +0.67% DOW JONES 38,886.57 +0.32% RUSSELL 2000 2,084.45 +0.15% VIX 13.42 -1.52% GOLD 2,348.30 +0.21% OIL (WTI) 78.62 +0.18% US 10Y 4.28% -0.04%
All articles Labor Market

Ex-Div Reminder for Safe Bulkers’ Series C Preferred Shares

Ex-Div Reminder for Safe Bulkers’ Series C Preferred Shares

On 7/17/26, Safe Bulkers Inc’s 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (Symbol: SB.PRC) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/30/26. As a percentage of SB.PRC’s recent share price of $26.52, this dividend works out to approximately 1.89%, so look for shares of SB.PRC to trade 1.89% lower — all else being equal — when SB.PRC shares open for trading on 7/17/26. On an annualized basis, the current yield is approximately 7.54%, which compares to an average yield of 7.84% in the “Shipping” preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of SB.PRC shares, versus SB:

Below is a dividend history chart for SB.PRC, showing historical dividends prior to the most recent $0.50 on Safe Bulkers Inc’s 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares:

SB.PRC+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Safe Bulkers Inc (Symbol: SB) makes up 1.05% of the Roundhill Acquirers Deep Value ETF (DEEP) which is trading up by about 1% on the day Wednesday. (see other ETFs holding SB).

In Wednesday trading, Safe Bulkers Inc’s 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (Symbol: SB.PRC) is currently down about 0.1% on the day, while the common shares (Symbol: SB) are off about 1.8%.

Further SB.PRC Research:

Eagle One Intelligence

The edge serious investors read.

Macro shifts, market structure, and the ideas worth tracking — straight to your inbox.

Note. For informational purposes only. Not financial advice. Past performance does not guarantee future results.