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Safe Bulkers Series D Cumulative Redeemable Perpetual Preferred Shares Crosses Above 8% Yield Territory

In trading on Monday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB. RD) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.16 on the day.
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