|
Featured MNV Articles:
| Safe Bulkers' Series C Preferred Shares Crosses Above 9.5% Yield TerritoryBy Preferred Stock Channel Staff, Tuesday, February 2, 2:10 PM ET
In trading on Tuesday, shares of Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE:SB.PRC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $20.50 on the day. This compares to an average yield of 5.96% in the "Shipping" preferred stock category, according to Preferred Stock Channel. As of last close, SB.PRC was trading at a 13.24% discount to its liquidation preference amount, versus the average discount of 28.64% in the "Shipping" category. The chart below shows the one year performance of SB.PRC shares, versus SB:
Below is a dividend history chart for SB.PRC, showing historical dividend payments on Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares:
Free Report: Top 7%+ Dividends (paid monthly) In Tuesday trading, Safe Bulkers Inc's 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE:SB.PRC) is currently down about 0.9% on the day, while the common shares (NYSE:SB) are up about 1%.
This Article's Word Cloud:
Arial
Below
Bulkers
Channel
Cumulative
Dividends
Free
Juicy
More
NYSE
Perpetual
Preferred
Redeemable
Report
Safe
Series
Shares
Shipping
Start
Stock
Stocks
This
Tuesday
Where
Yields
about
above
according
afterLeftLabels
amount
annualized
average
axisColor
background
based
beforeLeftLabels
below
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
category
chart
discount
dividend
escape
fillColor
shares
trading
versus
|