Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares Crosses Above 9.5% Yield Territory
August 05, 2019 at 14:05 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 9.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $20.99 on the day.