Safe Bulkers Series C Cumulative Redeemable Perpetual Preferred Shares Yield Pushes Past 8%
September 26, 2022 at 14:08 PM EDT
In trading on Monday, 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 $24.50 on the day.
