Safe Bulkers' Series D Preferred Shares Crosses Above 11% Yield Territory

In trading on Wednesday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB. RD) were yielding above the 11% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $18.15 on the day.
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