Safe Bulkers' Series D Preferred Shares Crosses Above 11% Yield Territory
June 21, 2017 at 14:06 PM EDT
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.