On 7/20/17, Safe Bulkers Inc's 8.00% Series B Cumulative Redeemable Perpetual (Symbol: SB.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/31/17. As a percentage of SB.PRB's recent share price of $25.80, this dividend works out to approximately 1.94%, so look for shares of SB.PRB to trade 1.94% lower - all else being equal - when SB.PRB shares open for trading on 7/20/17. On an annualized basis, the current yield is approximately 7.76%, which compares to an average yield of 7.15% in the "Shipping" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of SB.PRB shares, versus SB:
Below is a dividend history chart for SB.PRB, showing historical dividends prior to the most recent $0.50 on Safe Bulkers Inc's 8.00% Series B Cumulative Redeemable Perpetual:
In Tuesday trading, Safe Bulkers Inc's 8.00% Series B Cumulative Redeemable Perpetual (Symbol: SB.PRB) is currently trading flat on the day, while the common shares (Symbol: SB) are trading flat.