Safe Bulkers Stock Price, News & Analysis

Safe Bulkers (NYSE: SB) announced quarterly cash dividends of $0.50 per share on its 8.00% Series C and 8.00% Series D cumulative redeemable perpetual preferred shares for the period July 30, 2025 to October 29, 2025. Each dividend will be paid on October 30, 2025 to holders of record as of October 16, 2025. Dividends are payable quarterly in arrears on the 30th of Jan/Apr/Jul/Oct (or next business day).

The declaration remains subject to Board discretion and depends on earnings, cash, financing, debt covenants and global economic conditions.

Safe Bulkers (NYSE:SB), a marine drybulk transportation services provider, held its 2025 Annual Meeting of Stockholders in Monaco. At the meeting, shareholders elected three Class II directors - Dr. Loukas Barmparis, Marina Hajioannou, and Christos Megalou - who will serve until the 2028 annual meeting. Additionally, stockholders ratified Deloitte, Certified Public Accountants S.A. as the company's independent auditors for fiscal year 2025.

Safe Bulkers (NYSE:SB) has announced the sale of its 2006 Japanese-built Kamsarmax class vessel, MV Pedhoulas Merchant, for a gross sale price of $11.5 million. The vessel delivery is scheduled for September 2025.

This sale completes the company's divestment of its two oldest Kamsarmax vessels, including the previously sold Pedhoulas Leader (built 2007). The strategic move aligns with Safe Bulkers' fleet renewal initiative, as the company anticipates the delivery of four newbuilds in 2026. The company's total orderbook currently comprises six vessels with deliveries scheduled through 2027.

Safe Bulkers (NYSE:SB) reported Q2 2025 financial results, showing decreased performance with net income of $1.7 million compared to $27.6 million in Q2 2024. Net revenues declined to $65.7 million from $78.5 million year-over-year.

The company declared a $0.05 dividend per share and secured two new credit facilities: an $84.3 million facility for vessel financing and a $75 million sustainability-linked facility. The fleet consists of 47 vessels with an average age of 10.3 years and includes an orderbook of six IMO GHG Phase 3 - NOx Tier III Kamsarmax newbuilds.

Safe Bulkers continues its fleet renewal strategy, selling the Pedhoulas Leader for $12.5 million and maintaining contracted revenue of approximately $171.5 million. The company's consolidated leverage stands at 38% with a weighted average interest rate of 5.69%.

Safe Bulkers (NYSE:SB), a marine drybulk transportation services provider, has announced the sale of its vessel MV Pedhoulas Leader for $12.5 million. The 2007 Japanese-built Kamsarmax class vessel is scheduled for delivery between August and October 2025.

The sale aligns with the company's fleet renewal strategy, as Safe Bulkers has six modern energy-efficient vessels on order, with four deliveries planned for 2026. This transaction represents the divestment of one of the company's oldest vessels at their targeted price point.

Safe Bulkers (NYSE:SB), a marine drybulk transportation services provider, has scheduled its Q2 2025 earnings release for July 29, 2025, after market close. The company will host a conference call to discuss financial results on July 30, 2025, at 10:00 A.M. ET.

Investors can access the call through multiple channels: US Toll-Free (+1 877 405 1226), International (+1 201 689 7823), or UK Toll-Free (+0 800 756 3429). A live webcast and accompanying slides will be available through the company's website, with registration required approximately 10 minutes before the start.

Safe Bulkers (NYSE:SB), a marine drybulk transportation services provider, has declared quarterly cash dividends for its preferred shares. The company will pay $0.50 per share for both its 8.00% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares for the period from April 30, 2025, to July 29, 2025.

The dividends will be paid on July 30, 2025, to shareholders of record as of July 18, 2025. These quarterly payments are typically made on the 30th of January, April, July, and October, subject to business day adjustments.

Safe Bulkers (NYSE:SB), a marine drybulk transportation services provider, has announced its upcoming annual stockholders meeting. The meeting is scheduled for September 16, 2025, at 15:00 local time and will take place at the Hotel Hermitage Monte-Carlo in Monaco.

Stockholders of record as of July 21, 2025 will be eligible to receive notice and vote at the meeting. The company will distribute formal meeting notices and proxy statements to stockholders in due course.

Safe Bulkers (NYSE: SB), a marine drybulk transportation services provider, has released its 2024 Sustainability Report. The report, accessible on the company's website, details Safe Bulkers' ESG practices and has been prepared following GRI Sustainability Reporting Guidelines and SASB recommendations for maritime transport. Company President Dr. Loukas Barmparis emphasized their strategic focus on environmental risk management, community support, and governance framework enhancement in line with regulatory requirements and stakeholder interests.