In trading on Friday, shares of Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (SB.PRD) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $17.35 on the day. This compares to an average yield of 7.78% in the "Shipping" preferred stock category, according to Preferred Stock Channel. As of last close, SB.PRD was trading at a 30.28% discount to its liquidation preference amount, versus the average discount of 24.61% in the "Shipping" category.

The chart below shows the one year performance of SB.PRD shares, versus SB:

Performance Comparison Chart

Below is a dividend history chart for SB.PRD, showing historical dividend payments on Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares:

SB.PRD+Dividend+History+Chart

In Friday trading, Safe Bulkers Inc's 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares ( SB.PRD) is currently up about 0.3% on the day, while the common shares ( SB) are up about 4.6%.

More from Stocks

Restaurant Brands Announces Leadership Changes, Lifts Dividend

Restaurant Brands Announces Leadership Changes, Lifts Dividend

Logitech Looks Ready to Rally Again

Logitech Looks Ready to Rally Again

Walmart Shares Jump After Morgan Stanley Upgrade, Solid European Retail Results

Walmart Shares Jump After Morgan Stanley Upgrade, Solid European Retail Results

Abbott Labs Falls After Solid Earnings and Dividend Raise, Revenue Miss

Abbott Labs Falls After Solid Earnings and Dividend Raise, Revenue Miss

'Up Is Good and Down Is Bad' Works for the Media But Not for Traders

'Up Is Good and Down Is Bad' Works for the Media But Not for Traders