Safe Bulkers's latest cash dividend of $0.05 per share was issued to shareholders on record before Mar 2, 2026. The dividend distribution stands at $0.2 per share annually, which comes to a dividend yield of 2.9%.
Safe Bulkers's dividend yield of 2.9% is above the Industrials sector and the industry average but below its peers average. Compared to its Industrials sector average of 1.49%, Safe Bulkers's dividend yield is 95% 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 three dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 78% from a year ago, the dividend yield has a decrease of 44%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 66.7% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 32.7%, Safe Bulkers's payout ratio is 104% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ESEA Euroseas Ltd | 4.96% | $3.6 | 18.9% |
| GNK Genco Shipping & Trading Ltd | 4.83% | $1.15 | 294.9% |
| SBLK Star Bulk Carriers Corp | 3.79% | $1.03 | 81.7% |
| SB Safe Bulkers, Inc | 2.92% | $0.2 | 66.7% |
| CMRE Costamare Inc | 2.81% | $0.46 | 17.1% |
| DAC Danaos Corporation | 2.71% | $3.55 | 12.5% |
| DSX Diana Shipping Inc | 1.67% | $0.04 | 11.4% |
| NMM Navios Maritime Partners L.P. | 0.28% | $0.21 | 1.9% |
Yes, Safe Bulkers has paid three dividends in the last twelve months. SB has been paying dividends since 2022.
Safe Bulkers's last regular dividend was on Mar 2, 2026 (ex-date) with the amount of $0.05 per share.
On an annual basis SB pays $0.2 per share.
The current dividend yield of Safe Bulkers is 2.9%.
Safe Bulkers pays dividends quarterly.
The dividend payout ratio of Safe Bulkers is 66.7%.
Safe Bulkers's dividend yield is above the Industrials sector average.
Special dividends are included in TTM DPS and yield.