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On 7/17/26, Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (Symbol: SB.PRD) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/30/26. As a percentage of SB.PRD's recent share price of $26.25, this dividend works out to approximately 1.90%, so look for shares of SB.PRD to trade 1.90% lower — all else being equal — when SB.PRD shares open for trading on 7/17/26. On an annualized basis, the current yield is approximately 7.58%, which compares to an average yield of 7.84% in the "Shipping" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of SB.PRD shares, versus SB:

Below is a dividend history chart for SB.PRD, showing historical dividends prior to the most recent $0.50 on Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares:

According to the ETF Finder at ETF Channel, Safe Bulkers Inc (Symbol: SB) makes up 1.05% of the Roundhill Acquirers Deep Value ETF (DEEP) which is trading relatively unchanged on the day Wednesday. (see other ETFs holding SB).
In Wednesday trading, Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (Symbol: SB.PRD) is currently off about 0.5% on the day, while the common shares (Symbol: SB) are trading flat.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.