SB

MONACO, July 01, 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 April 30, 2026, to July 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 April 30, 2026, to July 29, 2026. Each dividend will be paid on July 30, 2026, to all shareholders of record as of July 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 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 is dual-listed on the NYSE and Euronext Athens, trading under the symbol “SB”. The Company’s Series C and Series D preferred shares are listed on the NYSE under the symbols “SB.PR.C” and “SB.PR.D”, respecti...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance improvement was driven by a stronger charter market environment and higher charter hires compared to the prior year, resulting in an EPS increase to $0.18. Management attributes market volatility primarily to geopolitical factors, specifically citing the impact of the Persian Gulf situation on global supply-demand equilibrium. The company is executing a fleet renewal strategy, focusing on Phase 3 newbuilds and selling older Kamsarmax and Post-Panamax vessels to maintain a competitive age profile. Strategic positioning is anchored by a high concentration of Japanese-built vessels (80% of fleet), which management believes offers superior durability, resale value, and fuel efficiency. The parallel listing on Euronext Athens is intended to diversify the shareholder base by providing European institutional and retail investors direct access to the company. Operational competitiveness is being bolstered by environmental upgrades across 21 vessels and the integration of Eco-vessels to mitigate rising carbon intensity limits. Management expects to comprise 45% Phase 3 vessels by 2029, positioning the fleet to compete specifically on fuel efficiency and lower CO2 taxation. Supply-side projections assume a 2% growth in 2026 under an 'Open Hormuz' scenario, while demand is expected to grow by 3%, maintaining a favorable equilibrium. The company anticipates potential downside risks to dry bulk demand from China's policy push toward self-sufficiency in grains and reduced soya meal usage. Guidance assumes that while shipbuilding capacity remains constrained, the company's existing order book of 11 newbuilds provides a clear path for growth through 2027. Management expects coal demand to remain resilient in the short term due to LNG disruptions, with Indian Ocean regions serving as key growth pockets. The dividend was increased to $0.06 per share, reflecting management's confidence in sustainable cash flow generation despite market fluctuations. Approximately 1% of global dry bulk capacity is currently trapped in the Persian Gulf, a factor management is monitoring for its impact on supply tightening. The company maintains a $10 million active share repurchase program as part of its capital allocation strategy....

This article first appeared on GuruFocus. Revenue: $74.4 million in net revenues for Q1 2026. Adjusted EBITDA: $40.7 million for Q1 2026, up from $29.4 million in Q1 2025. Adjusted EPS: $0.18 for Q1 2026, compared to $0.05 in Q1 2025. Dividend: Increased to $0.06 per share, representing a 3.7% yield. Average TCE (Time Charter Equivalent): $17,095 for Q1 2026, compared to $14,655 in Q1 2025. Daily Vessel OpEx: Decreased by 9% to $5,223 for Q1 2026. Liquidity and Capital Resources: Approximately $374 million. Leverage: Comfortable leverage of 34%. Fleet Size: Operated 45 vessels on average during Q1 2026. Cash Position: About $167 million as of June 12, 2026. Contracted Revenue: $161 million in revenue backlog. Warning! GuruFocus has detected 10 Warning Signs with SB. Is SB fairly valued? Test your thesis with our free DCF calculator. Release Date: June 18, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Safe Bulkers Inc (NYSE:SB) reported an increase in EPS to $0.18 for Q1 2026, up from $0.05 in the same period last year. The company declared an increased dividend of $0.06 per share, marking the 18th consecutive quarterly dividend. Safe Bulkers Inc (NYSE:SB) has a strong liquidity position with approximately $374 million in capital resources. The company has successfully renewed its fleet with 4 new builds and the sale of older vessels, enhancing operational efficiency. Safe Bulkers Inc (NYSE:SB) has expanded its market presence by listing its common stock on Euronext Athens, providing access to European capital markets. The dry bulk market is experiencing increased volatility due to geopolitical tensions, which could impact future earnings. Chinese port inventories are high, potentially softening import demand in the second half of 2026. Coal shipments are projected to decline by 1% to 2% in 2026, which may affect revenue from this segment. The company's fleet growth is constrained by limited shipbuilding capacity, leading to longer lead times for new vessels. Trade tensions between the U.S. and China remain a source of global economic uncertainty, potentially impacting demand. Q: Congrats on a great quarter. I wanted to ask you about your fixed charter coverage. Are you close to where you would like to be for the remainder of 2026? Or should we expect any further increases or changes in charter cover...

MONACO, June 17, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE/Euronext Athens: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three-month period ended March 31, 2026. The Board of Directors (the "Board") of the Company also declared a cash dividend of $0.06 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 sale of assets, 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-deliveryexpenses 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...

Safe Bulkers (SB) reported Q1 adjusted earnings late Wednesday of $0.18 per diluted share, up from $

MONACO (AP) — MONACO (AP) — Safe Bulkers Inc. (SB) on Wednesday reported earnings of $22.2 million in its first quarter. On a per-share basis, the company said it had net income of 20 cents. Earnings, adjusted for non-recurring gains, were 18 cents per share. The shipping company posted revenue of $74.4 million in the period. Its adjusted revenue was $69.2 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

Earnings Release: Wednesday, June 17, 2026, After Market Closes Conference Call and Webcast: Thursday, June 18, 2026, at 10:30 U.S. A.M. Eastern Time / 17:30 Eastern European Time MONACO, June 08, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE/Euronext Athens: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the first quarter ended March 31, 2026, after the market closes in New York on Wednesday, June 17, 2026. On Thursday, June 18, 2026, at 10:30 United States A.M. Eastern Time, at 17:30 Eastern European 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 13760931. 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 is dual-listed on the New York Stock Exchange (NYSE) and the Euronext Athens Exchange, trading under the symbol “SB”. The Company’s Series C and Series D preferred shares are listed on the NYSE under the symbols “SB.PR.C” and “SB.PR.D”, respectively. Forward-Looking StatementsThis press release contains forward-l...

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...