Is Safe Bulkers, Inc. a good dividend stock?

Safe Bulkers, Inc. (SB) is a dividend-paying stock with a current dividend yield of 2.93%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is SB's dividend yield?

The dividend yield for SB stock is currently 2.93%.

How much does SB pay in dividends per year?

Safe Bulkers, Inc. pays an annual dividend of $0.2100 per share over the trailing twelve months.

How often does SB pay dividends?

SB stock pays dividends quarterly.

Is SB's dividend growing?

Safe Bulkers, Inc.'s 3-year dividend CAGR is 1.64%.

SB Stock Price, Chart, Stats & News

Safe Bulkers, Inc.

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Overview Dividend safety Dividends Fundamentals

Safe Bulkers, Inc. (SB) is a dividend-paying stock with a current dividend yield of 2.93% as of Jul 15, 2026. It pays $0.2100 per share over the trailing twelve months and distributes quarterly.

729.08M

Market cap

15.91x

Current P/E

2.10x

Forward P/E

2.93%

Dividend yield

$0.2100

SB dividend

Dividend safety

Strong

Dividend coverage looks healthy — SB pays out about 47% of earnings.

See the safety analysis

SB chart

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Fundamentals

Gross margin	35.93%
Operating margin	25.10%
Pretax margin	13.99%
Net margin	13.99%
Effective tax rate	–
ROA	2.75%
ROE	4.68%
D/E	0.65x
Interest coverage ratio	2.05x

All financials

SB valuation

P/E	15.91x
P/S	2.26x
P/B	0.75x
P/CF	6.08x
P/FCF	9.00x
P/OCF	6.08x
PEG	-0.83x
EV multiple	1.78x

About

Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years.