Safe Bulkers' Series D Preferred Shares Cross 15.5% Yield Mark
November 11, 2015 at 15:19 PM EST
In trading on Wednesday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB. RD) were yielding above the 15.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $11.25 on the day.