Safe Bulkers' Series D Preferred Shares Cross 11.5% Yield Mark
January 16, 2015 at 14:17 PM EST
In trading on Friday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB. RD) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $17.25 on the day.
