Safe Bulkers, Inc.
SBIndustrials · Stock · quarterly payer
$6.40
Add to PortfolioForward Yield
3.13%
Annual Dividend
$0.20
Payout Ratio
67%
5-Yr Growth
—
Ex-Date
Mar 2, 2026
Frequency
Quarterly
SB Dividend Safety Score
64/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage67% of earnings paid out
Free-cash-flow coverage55% of free cash flow
Balance-sheet strengthDebt/equity of 0.65
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is SB a good dividend stock?
Yes, with caveatsSafe Bulkers, Inc. (SB) pays a quarterly dividend yielding 3.13% ($0.20/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- 62% total price return over 5 years
Risks
- Cut its dividend in 2015
Key Data
- Dividend Yield
- 3.13%
- Payout Ratio
- 67%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Mar 2, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.85
- Market Cap
- $651.7M
- P/E Ratio
- 21.3
- 5-Yr Total Return
- 62%
- 52-Week Range
- $3.56 – $7.38
- Dividend Safety
- C · 64/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 2, 2026 | — | $0.0500 | regular |
| Aug 21, 2025 | — | $0.0500 | regular |
| Jun 6, 2025 | — | $0.0500 | regular |
| Mar 3, 2025 | — | $0.0500 | regular |
| Dec 2, 2024 | — | $0.0500 | regular |
| Aug 21, 2024 | — | $0.0500 | regular |
| May 16, 2024 | — | $0.0500 | regular |
| Feb 29, 2024 | — | $0.0500 | regular |
| Nov 24, 2023 | — | $0.0500 | regular |
| Aug 17, 2023 | — | $0.0500 | regular |
| May 25, 2023 | — | $0.0500 | regular |
| Feb 28, 2023 | — | $0.0500 | regular |
| Nov 25, 2022 | — | $0.0500 | regular |
| Aug 19, 2022 | — | $0.0500 | regular |
Income Calculator
At $0.20 / yr per share
Per payment (quarterly)$5.00
Annual$20.00
Monthly avg$1.67
