Safe Bulkers Series B Shares Cross 8.5% Yield Mark
May 28, 2015 at 14:07 PM EDT
In trading on Thursday, shares of Safe Bulkers Inc's 8.00% Series B Cumulative Redeemable Perpetual (SB. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $23.50 on the day.
