Safe Bulkers (NYSE: SB) has announced quarterly dividend declarations for its preferred shares. The company’s Board of Directors declared a $0.50 per share cash dividend for both its 8.00% Series C (NYSE: SB.PR.C) and Series D (NYSE: SB.PR.D) Cumulative Redeemable Perpetual Preferred Shares.
The dividends cover the period from October 30, 2024, to January 29, 2025, and will be paid on January 30, 2025. Shareholders of record as of January 17, 2025, will be eligible for the payment. These preferred share dividends are typically paid quarterly on January 30, April 30, July 30, and October 30, subject to business day adjustments.
The company notes that future dividend declarations remain subject to Board discretion and will depend on various factors including earnings, financial condition, cash requirements, financing terms, and global economic conditions.
Safe Bulkers (NYSE: SB) ha annunciato le dichiarazioni del dividendo trimestrale per le sue azioni privilegiate. Il Consiglio di Amministrazione della società ha dichiarato un dividendo in contante di $0,50 per azione sia per la Serie C dell’8,00% (NYSE: SB.PR.C) che per la Serie D (NYSE: SB.PR.D) di azioni privilegiate cumulative rimborsabili perpetue.
I dividendi coprono il periodo dal 30 ottobre 2024 al 29 gennaio 2025 e saranno pagati il 30 gennaio 2025. Gli azionisti registrati al 17 gennaio 2025 saranno idonei per il pagamento. Questi dividendi delle azioni privilegiate sono generalmente pagati trimestralmente il 30 gennaio, 30 aprile, 30 luglio e 30 ottobre, soggetti ad aggiustamenti per i giorni lavorativi.
La società osserva che le dichiarazioni future dei dividendi rimangono soggette alla discrezionalità del Consiglio e dipenderanno da vari fattori tra cui utili, condizioni finanziarie, esigenze di liquidità, termini di finanziamento e condizioni economiche globali.
Safe Bulkers (NYSE: SB) ha anunciado las declaraciones de dividendos trimestrales para sus acciones preferentes. La Junta Directiva de la compañía declaró un dividendo en efectivo de $0,50 por acción tanto para su Serie C del 8,00% (NYSE: SB.PR.C) como para la Serie D (NYSE: SB.PR.D) de acciones preferidas acumulativas redimibles perpetuas.
Los dividendos cubren el período desde el 30 de octubre de 2024 hasta el 29 de enero de 2025, y se pagarán el 30 de enero de 2025. Los accionistas registrados a partir del 17 de enero de 2025 serán elegibles para el pago. Estos dividendos de acciones preferidas generalmente se pagan trimestralmente el 30 de enero, 30 de abril, 30 de julio y 30 de octubre, sujetos a ajustes por días hábiles.
La empresa indica que las declaraciones de dividendos futuros siguen sujetas a la discreción de la Junta y dependerán de varios factores, incluidos ganancias, condición financiera, necesidades de efectivo, términos de financiamiento y condiciones económicas globales.
Safe Bulkers (NYSE: SB)는 우선주에 대해 분기 배당금 선언을 발표했습니다. 회사의 이사회는 8.00% C 시리즈 (NYSE: SB.PR.C) 및 D 시리즈 (NYSE: SB.PR.D) 누적 상환 영구 우선주에 대해 주당 $0.50의 현금 배당금을 선언했습니다.
배당금은 2024년 10월 30일부터 2025년 1월 29일까지의 기간을 커버하며, 2025년 1월 30일에 지급될 예정입니다. 2025년 1월 17일 기준 주주가 지급 대상입니다. 이러한 우선주 배당금은 일반적으로 1월 30일, 4월 30일, 7월 30일, 10월 30일에 분기별로 지급되며, 영업일 조정이 적용될 수 있습니다.
회사는 향후 배당금 선언이 이사회의 재량에 따라 다르며, 수익, 재무 상태, 현금 요구 사항, 자금 조달 조건 및 글로벌 경제 조건 등 다양한 요인에 따라 달라질 것이라고 언급합니다.
Safe Bulkers (NYSE: SB) a annoncé des déclarations de dividende trimestrielles pour ses actions privilégiées. Le Conseil d’Administration de la société a déclaré un dividende en espèces de 0,50 $ par action pour ses actions privilégiées cumulatives rachetables perpétuelles de la Série C à 8,00% (NYSE: SB.PR.C) et de la Série D (NYSE: SB.PR.D).
Les dividendes couvrent la période du 30 octobre 2024 au 29 janvier 2025 et seront payés le 30 janvier 2025. Les actionnaires enregistrés au 17 janvier 2025 seront éligibles pour le paiement. Ces dividendes des actions privilégiées sont généralement payés trimestriellement le 30 janvier, 30 avril, 30 juillet et 30 octobre, sous réserve d’ajustements liés aux jours ouvrés.
L’entreprise note que les déclarations futures de dividende restent soumises à la discrétion du Conseil et dépendront de divers facteurs, notamment les bénéfices, la condition financière, les besoins de liquidités, les conditions de financement et les conditions économiques mondiales.
Safe Bulkers (NYSE: SB) hat die vierteljährlichen Dividendenerklärungen für seine Vorzugsaktien bekannt gegeben. Der Vorstand des Unternehmens hat eine Barausschüttung von $0,50 pro Aktie für sowohl die 8,00% Serie C (NYSE: SB.PR.C) als auch Serie D (NYSE: SB.PR.D) kumulativ einlösbare ewige Vorzugsaktien erklärt.
Die Dividenden decken den Zeitraum vom 30. Oktober 2024 bis 29. Januar 2025 und werden am 30. Januar 2025 ausgezahlt. Aktionäre, die am 17. Januar 2025 im Aktienbuch stehen, sind für die Auszahlung berechtigt. Diese Vorzugsaktien-Dividenden werden in der Regel vierteljährlich am 30. Januar, 30. April, 30. Juli und 30. Oktober gezahlt, vorbehaltlich Anpassungen an Geschäftstage.
Das Unternehmen weist darauf hin, dass zukünftige Dividendenerklärungen weiterhin im Ermessen des Vorstands liegen und von verschiedenen Faktoren abhängen, einschließlich der Erträge, der finanziellen Lage, des Bargeldbedarfs, der Finanzierungsbedingungen und der globalen Wirtschaftslage.
Positive
- Consistent quarterly preferred dividend payments maintained at $0.50 per share
- Timely dividend announcement maintaining shareholder returns
MONACO, Jan. 03, 2025 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:
- a cash dividend of
$0.50 per share on its8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from October 30, 2024 to January 29, 2025; - a cash dividend of
$0.50 per share on its8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from October 30, 2024 to January 29, 2025.
Each dividend will be paid on January 30, 2025 to all shareholders of record as of January 17, 2025 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively. Dividends on the Series C and D Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year.
The declaration and payment of dividends, if any, will always be subject to the discretion of the Board of Directors of the Company, and will depend on, among other things, the Company’s earnings, financial condition and cash requirements and availability, the Company’s ability to obtain debt and equity financing on acceptable terms as contemplated by the Company’s growth and leverage strategies, the restrictive covenants in the Company’s existing and future debt instruments and global economic conditions.
About Safe Bulkers, Inc.
The Company is an international provider of marine dry-bulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine dry-bulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C”, and “SB.PR.D”, respectively.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Exchange Act of 1933, as amended, and in Section 21E of the Securities Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For further information please contact:
Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Tel.: +30 2 111 888 400
+357 25 887 200
E-Mail: [email protected]
Investor Relations / Media Contact:
Paul Lampoutis
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: [email protected]
FAQ
What is the dividend amount for Safe Bulkers (SB) Series C and D preferred shares in January 2025?
Safe Bulkers declared a cash dividend of $0.50 per share for both its Series C and Series D preferred shares, payable on January 30, 2025.
When is the record date for Safe Bulkers (SB) preferred shares dividend in January 2025?
The record date for both Series C and Series D preferred shares dividend is January 17, 2025.
What period does Safe Bulkers (SB) January 2025 preferred dividend cover?
The dividend covers the period from October 30, 2024, to January 29, 2025.
How often does Safe Bulkers (SB) pay dividends on its preferred shares?
Safe Bulkers pays preferred share dividends quarterly, typically on the 30th day of January, April, July, and October, subject to business day adjustments.
