Safe Bulkers has announced a cash dividend of $0.050 per share, with the ex-dividend date set for Aug 21, 2025, and the payment date scheduled for Sept 5, 2025. This recent dividend is lower than the average of the last ten dividends, which stands at $0.095 per share. The announcement was made on Jul 29, 2025. Notably, the last dividend was also $0.050 per share, distributed on Jun 20, 2025. Both dividends are classified as cash distributions.
Recently,
reported its Q2 2025 earnings, revealing that revenue surpassed expectations at $65.7 million, though earnings per share fell short, coming in at $0.01, which was $0.05 below consensus expectations. Analysts indicated that despite the revenue success, the disappointing earnings per share may affect investor confidence in the company's financial health and short-term market performance.
In a strategic move, Safe Bulkers announced the sale of MV Pedhoulas Merchant, a 2006 Japanese-built Kamsarmax class dry-bulk vessel, for $11.5 million. This transaction, reported on Aug 12, 2025, is part of the company's fleet optimization strategy, focusing on improving operational efficiency and capital allocation. Such actions are seen as steps toward strengthening the company’s fundamentals, potentially impacting its market standing positively.
Over the past week, Safe Bulkers has been active in optimizing its fleet, completing the sale of one of its oldest Kamsarmax vessels. This decision aligns with the company's broader strategy to enhance its fleet capabilities while maintaining a strong balance sheet. Analysts suggest that these moves could bolster Safe Bulkers' competitive position within the maritime industry, contributing to a more robust financial outlook.
In conclusion, Safe Bulkers is navigating a complex financial landscape with strategic fleet adjustments and varying dividend distributions. Investors should note that Aug 21, 2025, marks the last day to purchase shares and qualify for the upcoming dividend. Buying shares after this date will not entitle investors to the current dividend distribution.
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