SB-C Safe Bulkers Cumulative Preferred Series C

Dividends on the Series C Preferred Shares will accrue and be cumulative from the date of original issue and will be payable quarterly in arrears on January 30, April 30, July 30 and October 30 of each year, commencing July 30, 2014, when, as and if declared by our board of directors. Dividends will be payable out of amounts legally available therefor at an initial rate equal to 8.00% per annum of the stated liquidation preference. At any time on or after May 31, 2019 or in connection with a fundamental change, the Series C Preferred Shares may be redeemed, in whole or in part, out of amounts legally available therefor, at a redemption price of $25.00 per share plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared.  This security was issued by Safe Bulkers Inc, whose common stock symbol is SB.

$25.18  +0.08 (0.31%)
As of 06/29/2022 16:00:00 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Industrials
Industry:  Marine Shipping
Index country:  Greece
Country of incorporation:  Marshall Islands
IPO date:  05/02/2014
Outstanding shares:  2,000,000
Average volume:  1,735
Market cap:   $50,240,000
Current dividend yield:  7.96%    calculation
Coupon rate:    8.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   05/31/2019
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:   SEC Edgar Online
Annual filings:      20-F
Sedol:      

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