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September 01, 2020 1:20pm
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Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares Crosses Above 9.5% Yield Territory

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.
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