Safe Bulkers' Series D Preferred Shares Cross 9% Yield Mark
October 03, 2017 at 14:20 PM EDT
In trading on Tuesday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB. RD) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $22.13 on the day.