Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Safe Bulkers Dividend Announcement
• Safe Bulkers announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-12-17. Ex dividend date: 2024-12-02
• Safe Bulkers annual dividend for 2024 was $0.20
• Safe Bulkers annual dividend for 2023 was $0.20
• Safe Bulkers's trailing twelve-month (TTM) dividend yield is 5.05%
• Safe Bulkers's payout ratio for the trailing twelve months (TTM) is 29.04%
Safe Bulkers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.05 | quarterly | 2024-12-17 |
2024-08-21 | $0.05 | quarterly | 2024-09-05 |
2024-05-16 | $0.05 | quarterly | 2024-05-30 |
2024-02-29 | $0.05 | quarterly | 2024-03-19 |
2023-11-24 | $0.05 | quarterly | 2023-12-14 |
2023-08-17 | $0.05 | quarterly | 2023-09-01 |
2023-05-25 | $0.05 | quarterly | 2023-06-07 |
2023-02-28 | $0.05 | quarterly | 2023-03-17 |
2022-11-25 | $0.05 | quarterly | 2022-12-15 |
2022-08-19 | $0.05 | quarterly | 2022-09-01 |
2022-06-07 | $0.05 | quarterly | 2022-06-15 |
2022-03-18 | $0.05 | quarterly | 2022-03-28 |
2015-08-14 | $0.01 | quarterly | 2015-08-28 |
2015-06-17 | $0.01 | quarterly | 2015-06-26 |
2015-03-06 | $0.02 | quarterly | 2015-03-17 |
2014-11-19 | $0.04 | quarterly | 2014-12-05 |
2014-08-15 | $0.06 | quarterly | 2014-08-29 |
2014-06-06 | $0.06 | quarterly | 2014-06-17 |
2014-03-06 | $0.06 | quarterly | 2014-03-17 |
2013-11-20 | $0.06 | quarterly | 2013-12-06 |
2013-08-29 | $0.05 | quarterly | 2013-09-13 |
2013-05-22 | $0.05 | quarterly | 2013-06-07 |
2013-02-28 | $0.05 | quarterly | 2013-03-08 |
2012-11-21 | $0.05 | quarterly | 2012-11-30 |
2012-08-22 | $0.15 | quarterly | 2012-08-31 |
2012-05-21 | $0.15 | quarterly | 2012-05-31 |
2012-02-22 | $0.15 | quarterly | 2012-02-29 |
2011-11-21 | $0.15 | quarterly | 2011-11-30 |
2011-08-22 | $0.15 | quarterly | 2011-08-31 |
2011-05-18 | $0.15 | quarterly | 2011-05-27 |
2011-02-16 | $0.15 | quarterly | 2011-02-25 |
2010-11-17 | $0.15 | quarterly | 2010-11-26 |
2010-08-18 | $0.15 | quarterly | 2010-08-27 |
2010-05-19 | $0.15 | quarterly | 2010-05-28 |
2010-02-17 | $0.15 | quarterly | 2010-02-26 |
2009-11-18 | $0.15 | quarterly | 2009-11-27 |
2009-08-19 | $0.15 | quarterly | 2009-08-28 |
2009-05-20 | $0.15 | quarterly | 2009-05-29 |
2009-02-18 | $0.15 | quarterly | 2009-02-27 |
2008-11-19 | $0.47 | quarterly | 2008-11-28 |
2008-08-20 | $0.15 | quarterly | 2008-08-29 |
Safe Bulkers Dividend per year
Safe Bulkers Dividend growth
Safe Bulkers Dividend Yield
Safe Bulkers current trailing twelve-month (TTM) dividend yield is 5.05%. Interested in purchasing Safe Bulkers stock? Use our calculator to estimate your expected dividend yield:
Safe Bulkers Financial Ratios
Safe Bulkers Dividend FAQ
Other factors to consider when evaluating Safe Bulkers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Safe Bulkers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Safe Bulkers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Safe Bulkers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Safe Bulkers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Safe Bulkers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Safe Bulkers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Safe Bulkers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Safe Bulkers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Safe Bulkers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Safe Bulkers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.