Safe Bulkers Series C Cumulative Redeemable Perpetual Preferred Shares Cross 9% Yield Mark
February 03, 2020 at 14:06 PM EST
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 9% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $22.07 on the day.