SB

MONACO, April 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from January 30, 2026 to April 29, 2026; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from January 30, 2026 to April 29, 2026. Each dividend will be paid on April 30, 2026 to all shareholders of record as of April 17, 2026 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively. Dividends on the Series C and D Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year. The declaration and payment of future dividends, if any, will always be subject to the discretion of the Board of Directors of the Company. There is no guarantee that the Company’s Board of Directors will determine to issue cash dividends in the future. The timing and amount of any dividends declared will depend on, among other things: (i) the Company’s earnings, fleet employment profile, financial condition and cash requirements and available sources of liquidity; (ii) decisions in relation to the Company’s growth, fleet renewal and leverage strategies; (iii) provisions of Marshall Islands and Liberian law governing the payment of dividends; (iv) restrictive covenants in the Company’s existing and future debt instruments; and (v) global economic and financial conditions. About Safe Bulkers, Inc. The Company is an international provider of marine dry-bulk transportation services, transporting bulk cargoes, particularly grain, coal and iron ore, along worldwide shipping routes for some of the world’s largest users of marine dry-bulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C”, and “SB.PR.D”, respectively. Forward-Looking Statements This press release...

Safe Bulkers reported adjusted Q4 EPS of $0.14, declared a $0.05 quarterly dividend (its 17th consecutive), and posted adjusted EBITDA of $37.4M while daily vessel operating expenses rose ~13% YoY to $5,683. Management expects global dry-bulk supply to grow roughly 3% in 2026 versus demand of ~2–3%, highlighting China as central but facing structural headwinds; by commodity, grain is the strongest (estimated 5–6% growth) while coal and iron ore are softer. The company is pursuing fleet renewal (eight Phase III vessels remaining; two Kamsarmax ordered), has an average fleet age of 10.5 years, and maintains about $385M in combined liquidity with ~34% leverage and contracted revenue/backlog around $164–178M, plus a $10M share repurchase program. Interested in Safe Bulkers, Inc? Here are five stocks we like better. How China’s Recovery Could Boost These 3 Platinum Plays Safe Bulkers (NYSE:SB) management said it navigated a volatile dry bulk market in 2025 and ended the year with adjusted earnings of $0.14 per share in the fourth quarter, while continuing its shareholder return program and fleet renewal strategy. President Loukas Barmparis said the dry bulk market saw “increased market volatility” during 2025, largely tied to geopolitical factors. For the fourth quarter of 2025, the company reported adjusted earnings per share of $0.14 and said its board declared a quarterly dividend of $0.05 per share, which management described as its seventeenth consecutive quarterly dividend and equated to a 3.3% dividend yield. → Gold and Silver Pulled Back—Here’s Why the Bull Case Is Intact Instacart Is Revolutionizing Groceries: Why It's Time to Invest Chief Financial Officer Konstantinos Adamopoulos said the company operated in a “slightly improved charter market environment” versus the same period of 2024. He attributed increased revenues to higher charter hires and slightly higher earnings from scrubber-fitted vessels, while noting that adjusted EBITDA in the fourth quarter of 2025 was $37.4 million, compared with $40.7 million in the fourth quarter of 2024. Adamopoulos said Safe Bulkers averaged 45 vessels in operation during the fourth quarter of 2025 and generated an average time charter equivalent (TCE) of $17,050, compared with 45.9 vessels and a TCE of $16,521 in the year-ago quarter. → MarketBeat Week in Review – 02/16 - 02/20 Instacart Stock Gains Momentum with...

This article first appeared on GuruFocus. Adjusted Earnings Per Share: $0.14 for Q4 2025. Dividend: $0.05 per share declared for Q4 2025. Net Revenues: $72.6 million for Q4 2025. Adjusted EBITDA: $37.4 million for Q4 2025. Average Time Charter Equivalent (TCE): $17,050 for Q4 2025. Daily Vessel Operating Expenses: $5,683 for Q4 2025, a 13% increase from Q4 2024. Liquidity and Capital Resources: $382 million. Leverage: 34%. Cash Position: $167 million as of February 13, 2026. Contracted Revenue Backlog: $164 million. Market Cap: $628 million. Fleet Size: 45 vessels on the water. Net Debt Per Vessel: $8.4 million for a 10.4-year-old fleet. Warning! GuruFocus has detected 9 Warning Sign with SB. Is SB fairly valued? Test your thesis with our free DCF calculator. Release Date: February 19, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Safe Bulkers Inc (NYSE:SB) achieved $0.14 of adjusted earnings per share in Q4 2025. The company declared a $0.05 per share dividend, marking the 17th consecutive quarterly dividend. Safe Bulkers Inc (NYSE:SB) maintains a prudent balance between spot- and time-charter exposure, enhancing market opportunity capture. The fleet's average age is 10.5 years, younger than the global average, strengthening operational performance. Safe Bulkers Inc (NYSE:SB) has significant liquidity and capital resources of $382 million, supporting financial flexibility. Daily vessel operating expenses increased by 13% in Q4 2025 compared to the same period in 2024. Adjusted EBITDA for Q4 2025 decreased to $37.4 million from $40.7 million in Q4 2024. The dry-bulk market experienced increased volatility in 2025 due to geopolitical reasons. Coal shipments are projected to decline by 1% to 2% in 2026, impacting demand. High Chinese port inventories may soften import demand in the first half of 2026. Q: You've made significant progress on fleet renewal, particularly with Kamsarmax newbuilds. Is there any plan to renew the older Capesize fleet, or are current newbuild and secondhand prices too high? A: Polys Hajioannou, Chairman and CEO, explained that secondhand prices are rising, but there's a lack of quality tonnage available for sale. The market prospects are positive, leading owners to hold onto their assets. The company is looking into shipyards for newbuilds, although most are booked until 2028...

Image source: The Motley Fool. Thursday, Feb. 19, 2026 at 10 a.m. ET President — Dr. Loukas Barmparis Chief Financial Officer — Konstantinos Adamopoulos Dr. Loukas Barmparis: Good morning to all. I'm Lucas Para, President of Safe Bulkers, and I'm welcoming you at our quarterly results. During 2025, the dry bulk market witnessed increased market volatility, mainly due to geopolitical reasons. In the fourth quarter of 2025, we achieved $0.14 of adjusted earnings per share, and our Board has declared a $0.05 per share dividend, rewarding our common shareholders. The company maintains a prudent balance between spot and time charter exposure, allowing it to capture market opportunities while preserving cash flow and a strong capital structure, providing flexibility in our capital allocation. Following a comprehensive review of the forward-looking statements language, which is presented on Slide 2, let's proceed to examine the supply side dynamics in Slide 4. bulk fleet is projected to grow by about 3% in 2026 deliveries with fleet growth estimated to be the highest for the Panamax and Supramax segments. The order book now stands at about 11.4% of the current fleet. The forecast for dry bulk supply to grow by 2.5% in 2026 and by 3% in 2027 as adjusted for the sailing. Asset prices remain elevated in line with the current market. Recycling volumes are anticipated to rise but still remain low compared to historical levels. 1 dry bulk order book alnuelipsan LNG and the remaining ammonia and hydrogen. However, the dual fuel order book remains small in the dry bulk segment. The postpone of the adoption of the global fuel standard by IMO on pragmatic. In total order book of 20 Phase vessels placed in 2020, we do have duelbserver1 2027 to operate with fossil fuels until alternative fuels become available and economic viable hedging more carbon intensity limits of the fuel regulation up to 2030 and the potential adoption of new regional or global reguls.afleet now counts 2 Phase 3 vessels in the water, all delivered from 2022 onwards. In addition, 26 vessels have ugmentalgrad or fuel character App 80% of our fleet is Japanese built compared to the global average of roughly 40%, underscoring our focus on quality and asset under the improved quality of our ships, which incorporate improvements in fuel effy.verleet age1.5s2.5snger than the global fleet average, which is 2.6s...

MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Wednesday reported net income of $11.8 million in its fourth quarter. On a per-share basis, the company said it had net income of 10 cents. Earnings, adjusted for non-recurring costs, came to 14 cents per share. The shipping company posted revenue of $72.6 million in the period. Its adjusted revenue was $69 million. For the year, the company reported profit of $38.6 million, or 30 cents per share. Revenue was reported as $256.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SB at https://www.zacks.com/ap/SB

MONACO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve-month periods ended December 31, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Management Commentary Dr. Loukas Barmparis, President of the Company, said: "During 2025 the dry-bulk market witnessed increased market volatility mainly due to geopolitical reasons. In the fourth quarter of 2025 we achieved 14 cents of adjusted earnings per share and our Board has declared a five cents per share dividend rewarding our common shareholders. The Company maintains a prudent balance between spot and time-charter exposure, allowing it to capture market opportunities while preserving cash flow visibility, and a strong capital structure providing flexibility in our capital allocation." Ten Million Shares of Common Stock Repurchase Program In December 2025, the Company authorized a program under which it might from time to time in the future purchase up to 10,000,000 shares of the Company’s common stock. Should the maximum number of shares of the Company’s common stock be purchased pursuant to the aforementioned program, it would represent approximately 9.8% of the shares of the Company’s common stock outstanding and 20.0% of its public float. The program does not obligate the Company to purchase shares of the Company’s common stock, and it may be modified or terminated at any time without prior notice. Any such purchases would be made in the open market in compliance with applicable laws and regulations, and that purchases on the open market would be conducted within the safe harbor provisions of Regulation 10b-18 under the Securities Exchange Act of 1934, as amended. As of February 13, 2026, the Company had purchased and cancelled 91,443 shares of common stock under the aforementioned program. The purchases were funded using the Company’s existing cash resources. Credit facilities In December 2025, the Company amended the terms of an existing $100 million senior secured revolving credit facility, originally entered into in December 2024, to incorporate a mechanism that adjusts the interest margin based on independently verified performance related to flee...

Performance was driven by a slightly improved charter market environment in Q4 2025 compared to the prior year, resulting in higher charter hires. Management attributes their competitive advantage to a high-quality fleet, noting that 80% of their vessels are Japanese-built compared to a 40% global average. The company maintains a deliberate balance between spot market exposure and time charters to capture upside while ensuring cash flow stability. Operational expenses increased by 13% year-over-year, partly driven by the costs associated with maintaining an aging global dry bulk fleet and higher inspection requirements. Strategic fleet renewal includes Phase 3 vessels and a remaining order book of 8 Phase II vessels to meet tightening carbon intensity limits and fuel regulations through 2030. Management highlighted a resilient business model that has supported 17 consecutive quarters of free cash flow generation despite market fluctuations. Supply growth is expected to match demand in 2026, with both projected to grow between 2% and 3%, supporting a balanced freight market. The company anticipates taking delivery of 8 remaining Phase II vessels through Q1 2029, which is expected to strengthen its competitive position in fuel efficiency. Demand projections assume a 3% global GDP growth for 2026 and 2027, though China's weak property sector and self-sufficiency policies remain key downside risks. Management expects recycling volumes to rise from current low levels as the global fleet ages, with 5% of the dry bulk fleet now exceeding 15 years. Revenue visibility is supported by a $178 million contracted backlog, including $130 million from Capesize vessels with an average remaining duration of 1.8 years. Geopolitical tensions and trade barriers, particularly between the U.S. and China, are identified as primary sources of global economic uncertainty. The company is hedging against future fuel regulations by ordering vessels capable of operating on fossil fuels until alternative fuels become economically viable. High Chinese port inventories, which are up 11% year-on-year, may soften iron ore import demand in the first half of 2026. Coal shipments are projected to decline by 1% to 2% in 2026 as the global energy transition reduces thermal coal trade. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll s...

Earnings Release: Wednesday, February 18, 2026, After Market Closes Conference Call and Webcast: Thursday, February 19, 2026, at 10:00 A.M. Eastern Time MONACO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the fourth quarter ended December 31, 2025, after the market closes in New York on Wednesday, February 18, 2026. On Thursday, February 19, 2026, at 10:00 A.M. Eastern Time, the Company’s management team will host a conference call to discuss the financial results. Conference Call Details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In), or +0 800 756 3429 (UK Toll-Free Dial In). Please quote “Safe Bulkers” to the operator and/or conference ID 13758366. Click here for additional participant International Toll-Free access numbers. Alternatively, participants can register for the call using the call me option for a faster connection to join the conference call. You can enter your phone number and let the system call you right away. Click here for the call me option. Slides and Audio Webcast: There will also be a live, and then archived, webcast of the conference call and accompanying slides, available through the Company’s website. To listen to the archived audio file, visit our website www.safebulkers.com and click on Events & Presentations. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. About Safe Bulkers, Inc. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning fu...

MONACO, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from October 30, 2025 to January 29, 2026; a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from October 30, 2025 to January 29, 2026. Each dividend will be paid on January 30, 2026 to all shareholders of record as of January 16, 2026 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively. Dividends on the Series C and D Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year. The declaration and payment of dividends, if any, will always be subject to the discretion of the Board of Directors of the Company, and will depend on, among other things, the Company’s earnings, financial condition and cash requirements and availability, the Company’s ability to obtain debt and equity financing on acceptable terms as contemplated by the Company’s growth and leverage strategies, the restrictive covenants in the Company’s existing and future debt instruments and global economic conditions. About Safe Bulkers, Inc. The Company is an international provider of marine dry-bulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine dry-bulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C”, and “SB.PR.D”, respectively. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Exchange Act of 1933, as amended, and in Section 21E of the Securities Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such...

This article first appeared on GuruFocus. Adjusted EBITDA: $36.1 million for Q3 2025, compared to $41.3 million in Q3 2024. Adjusted Earnings Per Share (EPS): $0.12 for Q3 2025, compared to $0.16 in Q3 2024. Average Time Charter Equivalent (TCE): $15,507 for Q3 2025, compared to $17,108 in Q3 2024. Daily Vessel Running Expenses: Decreased by 4% to $5,104 for Q3 2025, compared to $5,311 in Q3 2024. Dividend: $0.05 per share, representing a 4.1% dividend yield. Liquidity and Capital Resources: $390 million, with $124 million in cash and $267 million in undrawn revolving credit facilities. Fleet Size: Operated 46.51 vessels on average in Q3 2025. Contracted Revenue Backlog: $124 million from capes alone. Cash Flow Position: $187 million as of November 21, 2025. Warning! GuruFocus has detected 9 Warning Sign with SB. Is SB fairly valued? Test your thesis with our free DCF calculator. Release Date: November 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Safe Bulkers Inc (NYSE:SB) declared a dividend of $0.05 per share, marking the 16th consecutive quarterly dividend, which represents a 4.1% dividend yield. The company maintains a strong capital structure with $390 million in liquidity and a comfortable leverage of about 35%. Safe Bulkers Inc (NYSE:SB) has a young fleet with an average age of 10.1 years, which is 2.5 years younger than the global average. The company has a significant order book of six newbuilds, mainly in Japanese shipyards, which will enhance its fleet's fuel efficiency. Safe Bulkers Inc (NYSE:SB) has achieved zero vessels in D and E carbon intensity CII rating of IMO for 2024, reflecting its commitment to environmental sustainability. The company operated in a weaker charter market environment during the third quarter of 2025, leading to decreased revenues. Adjusted EBITDA for the third quarter of 2025 decreased to $36.1 million from $41.3 million in the same period in 2024. Adjusted earnings per share for the third quarter of 2025 fell to $0.12 from $0.16 in the same period last year. The average time charter equivalent rate decreased to $15,507 in the third quarter of 2025 from $17,108 in the same period in 2024. The global dry bulk demand growth is forecasted to be modest, with only 2% growth in 2026 and 1.5% in 2027, posing a challenge for demand growth. Q: Can you provide an up...

MONACO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine-month periods ended September 30, 2025. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. ______________________ 1 Adjusted Net income is a non-GAAP measure. Adjusted Net income represents Net income before impairment and loss on vessels held for sale, gain/(loss) on sale of assets, gain/(loss) on derivatives, early redelivery income/(cost), other operating expense and gain/(loss) on foreign currency. See Table 3. 2 EBITDA is a non-GAAP measure and represents Net income plus net interest expense, tax, depreciation and amortization. See Table 3. Adjusted EBITDA is a non-GAAP measure and represents EBITDA before gain/(loss) on derivatives, early redelivery income/(cost), other operating expenses and gain/(loss) on foreign currency. See Table 3. 3 Earnings per share ("EPS") and Adjusted EPS represent Net Income and Adjusted Net income less preferred dividend divided by the weighted average number of shares respectively. See Table 3. 4 Time charter equivalent ("TCE") rate represents charter revenues less commissions and voyage expenses divided by the number of available days. See Table 4. 5 Daily vessel operating expenses are calculated by dividing vessel operating expenses for the relevant period by the number of ownership days for such period. See Table 4. 6 Daily vessel operating expenses excluding dry-docking and pre-delivery expenses are calculated by dividing vessel operating expenses excluding dry-docking and pre-delivery expenses for the relevant period by the number of ownership days for such period. See Table 4. 7 Daily general and administrative expenses are calculated by dividing general and administrative expenses for the relevant period by the number of ownership days for such period. See Table 4. ______________________ 8 Total Cash represents Cash and cash equivalents plus Time deposits and Restricted cash. 9 Undrawn borrowing capacity under revolving reducing credit facilities. 10 Unsecured debt represents the five-year tenor unsecured non-amortizing bond, net of deferred financing costs, maturing in February 2027. 11 Secured debt represents L...