Safe Bulkers's latest cash dividend of $0.06 per share was issued to shareholders on record before Jun 30, 2026. The dividend distribution stands at $0.21 per share annually, which comes to a dividend yield of 3.28%.
Safe Bulkers's dividend yield of 3.28% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.47%, Safe Bulkers's dividend yield is 123% higher.
Safe Bulkers has a dividend history dating as far as 2008, but consistently the company has been paying dividends for the last four consecutive years. Our records show that SB has distributed four dividends in the past year. The annualized dividend per share has an increase of 5% since twelve months ago. However with the price of the stock up by 69% from a year ago, the dividend yield has a decrease of 38%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 30, 2026 | $0.06 | 3.33% |
| Mar 2, 2026 | $0.05 | 3% |
| Dec 8, 2025 | $0.05 | 3.8% |
| Aug 21, 2025 | $0.05 | 4.74% |
| Jun 6, 2025 | $0.05 | 5.28% |
| Mar 3, 2025 | $0.05 | 5.42% |
| Dec 2, 2024 | $0.05 | 5.32% |
| Aug 21, 2024 | $0.05 | 4.03% |
| May 16, 2024 | $0.05 | 3.58% |
| Feb 29, 2024 | $0.05 | 4.31% |
| Nov 24, 2023 | $0.05 | 5.39% |
| Aug 17, 2023 | $0.05 | 6.17% |
| May 25, 2023 | $0.05 | 7.44% |
| Feb 28, 2023 | $0.05 | 6.67% |
| Nov 25, 2022 | $0.05 | 6.8% |
| Aug 19, 2022 | $0.05 | 4.17% |
| Jun 7, 2022 | $0.05 | 1.98% |
| Mar 18, 2022 | $0.05 | 1.11% |
| Aug 14, 2015 | $0.01 | 2.48% |
| Jun 17, 2015 | $0.01 | 4.04% |
| Mar 6, 2015 | $0.02 | 5.07% |
Safe Bulkers's payout ratio of 70% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 32.9%, Safe Bulkers's payout ratio is 113% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ESEA Euroseas Ltd | 5.42% | $3.6 | 18.9% |
| GNK Genco Shipping & Trading Ltd | 4.69% | $1.15 | 294.9% |
| SBLK Star Bulk Carriers Corp | 4.1% | $1.03 | 81.7% |
| SB Safe Bulkers, Inc | 3.28% | $0.21 | 70% |
| CMRE Costamare Inc | 3.23% | $0.46 | 17.1% |
| DAC Danaos Corporation | 2.9% | $3.55 | 12.5% |
| DSX Diana Shipping Inc | 1.9% | $0.04 | 11.4% |
| NMM Navios Maritime Partners L.P. | 0.29% | $0.21 | 1.9% |
Yes, Safe Bulkers has paid four dividends in the last twelve months. SB has been paying dividends since 2022.
Safe Bulkers's last regular dividend was on Jun 30, 2026 (ex-date) with the amount of $0.06 per share.
On an annual basis SB pays $0.21 per share.
The current dividend yield of Safe Bulkers is 3.28%.
The dividend payout ratio of Safe Bulkers is 70%.
Safe Bulkers's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield.