Safe Bulkers Series B Cumulative Redeemable Perpetual Ex-Dividend Reminder

On 1/22/14, Safe Bulkers Inc's 8.00% Series B Cumulative Redeemable Perpetual (NYSE: SB.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 1/30/14. As a percentage of SB.PRB's recent share price of $26.04, this dividend works out to approximately 1.92%, so look for shares of SB.PRB to trade 1.92% lower -- all else being equal -- when SB.PRB shares open for trading on 1/22/14. On an annualized basis, the current yield is approximately 7.70%, which compares to an average ...