Safe Bulkers stock gets fresh dividend dates from the board

Published on 10/07/2026 at 06:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Safe Bulkers stock was last at USD 8.58 on October 6, 2026, after a 1.94 percent daily decline. Q2 revenue reached USD 87.5 million, up from USD 65.7 million.

SB, MHY7388L1039, Illustration mit AI erstellt.

Safe Bulkers (ISIN MHY7388L1039) was last at USD 8.58 on the NYSE on October 6, 2026, down 1.94 percent from the previous close. The company declared quarterly preferred-share dividends on October 2, giving income-focused shareholders two concrete payment dates.

Dividend dates set for October

According to StockTitan, Safe Bulkers declared USD 0.50 per share for both its 8.00 percent Series C and Series D cumulative redeemable perpetual preferred shares on October 2, 2026. The dividends cover July 30, 2026 through October 29, 2026, with payment scheduled for October 30, 2026, to holders of record on October 16, 2026.

The announcement concerns preferred securities rather than the common stock under the SB ticker. It still matters for the wider capital structure because the filing says future distributions remain subject to the board's discretion and depend on earnings, fleet employment, liquidity and debt covenants.

Second-quarter profit expands sharply

Safe Bulkers reported USD 87.5 million of net revenue in the second quarter of 2026, compared with USD 65.7 million in the same quarter of 2025. The company also reported USD 35.2 million of net income versus USD 1.7 million a year earlier, according to MetaTrader.

Adjusted EBITDA increased to USD 50.3 million from USD 25.5 million, while adjusted diluted EPS reached USD 0.28 from USD 0.01. The comparison shows why the latest operating figures carry more weight than the October dividend announcement for assessing the common stock.

Stock remains below yearly high

The October 6, 2026 NYSE snapshot places Safe Bulkers at USD 8.58, with a session range of USD 8.49 to USD 8.71 and volume of 955,093 shares. Its 52-week range is USD 4.14 to USD 9.31, so the stock stood USD 0.73 below the yearly high.

Market capitalization was USD 873.7 million on October 6, 2026. The company operates in marine shipping and is dual-listed on the NYSE and Euronext Athens, while its common shares use the SB ticker on both venues, as described by Xrimatistirio.

Safe Bulkers stock keeps income dates in view

Safe Bulkers stock was last at USD 8.58 on October 6, 2026, while the next preferred dividend payment is scheduled for October 30, 2026. The operating comparison remains the central figure: second-quarter revenue rose by USD 21.8 million year over year, alongside a USD 33.5 million increase in net income.