Looking at the universe of stocks we cover at Dividend Channel, on 8/29/13, Safe Bulkers Inc (SB) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 9/13/13. As a percentage of SB's recent stock price of $6.75, this dividend works out to approximately 0.74%, so look for shares of Safe Bulkers Inc to trade 0.74% lower — all else being equal — when SB shares open for trading on 8/29/13.
Below is a dividend history chart for SB, showing historical dividends prior to the most recent $0.05 declared by Safe Bulkers Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SB is likely to continue, and whether the current estimated yield of 2.96% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SB shares, versus its 200 day moving average:Looking at the chart above, SB's low point in its 52 week range is $3.12 per share, with $6.87 as the 52 week high point — that compares with a last trade of $6.86.
According to Preferred Stock Channel, there is a series of preferred stock that is senior to SB, which trades under the symbol SB.PRB — more info ». In Tuesday trading, Safe Bulkers Inc shares are currently up about 2.3% on the day.
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