Safe Bulkers, Inc. Declares Cash Dividend, Payable on May 30, 2024
April 29, 2024 at 05:28 pm EDT
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Safe Bulkers, Inc. declared a cash dividend on the Company's common stock of $0.05 per share which is payable on May 30, 2024 to the shareholders of record of the Company's common stock at the closing of trading on May 17, 2024. As of April 19, 2024, the Company had 106,763,976 shares of common stock issued and outstanding.
Safe Bulkers, Inc. is a holding company. The Company's principal business is the acquisition, ownership and operation of drybulk vessels. The Company's vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world. As of February 17, 2017 the Company's fleet included 38 vessels, of which 14 are Panamax class vessels, nine are Kamsarmax class vessels, 12 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of 3,421,800 deadweight tonnage (dwt). The Company's fleet of Post-Panamax vessels includes Marina, Xenia, Sophia, Eleni, Martine, Andreas K, Panayiota K, Venus Heritage, Venus History, Venus Horizon and Troodos Sun. Its fleet of Capesize vessels includes Kanaris, Pelopidas and Lake Despina.