A shipping company that owns and runs a fleet of dry-bulk vessels hauling cargoes like coal, grain, and iron ore across the world's oceans. Safe Bulkers grew out of the Hajioannou family's shipping business, which began in the late 1950s, and was incorporated in 2007 to bring the family's many vessel-owning companies under one roof. Its name came from an early management company the family called "Safety Management Overseas," a nod to the maritime safety rules then reshaping the industry.
Safe Bulkers files proxy statement for 2026 Annual Meeting of Stockholders to be held September 10, 2026
Stockholders will vote on the election of three Class III directors (Konstantinos Adamopoulos, Kristin H. Holth, and Vasilis Hajioannou) and the ratification of independent auditors.
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The 2026 Annual Meeting of Stockholders will be held on Thursday, September 10, 2026, at 15:00 local time at the Fairmont Hotel, Monte Carlo, Monaco.
The record date for voting is July 15, 2026, with 101,833,473 shares of common stock outstanding as of that date.
Director Frank Sica will retire from the Board following the 2026 Annual Meeting, reducing the Board from eleven to ten directors.
The company is using the SEC's Notice and Access rules to furnish proxy materials and the 2025 Annual Report over the Internet.
Safe Bulkers declares $0.50 quarterly dividend on Series C and D preferred shares
Safe Bulkers, Inc. declared a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares for the period from April 30, 2026 to July 29, 2026.
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The company also declared a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares for the same period.
Both dividends will be paid on July 30, 2026 to shareholders of record as of July 17, 2026.
Dividends on the Series C and D preferred shares are payable quarterly in arrears on the 30th day of January, April, July, and October.
Future dividend declarations remain subject to the discretion of the Board of Directors and depend on various factors including earnings, financial condition, and market conditions.
Safe Bulkers announces annual meeting of stockholders for September 10, 2026
Stockholders of record as of the close of business on July 15, 2026, will be entitled to vote at the meeting or any adjournments.
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Safe Bulkers, Inc. will hold its annual meeting of stockholders on September 10, 2026, at 15:00 local time at the Fairmont Hotel, Monte Carlo, Monaco.
Formal notice of the meeting and the proxy statement will be made available to stockholders in due course.
The company's common stock, Series C preferred stock, and Series D preferred stock are listed on the NYSE under symbols SB, SB.PR.C, and SB.PR.D, respectively, and its common stock is listed on Euronext Athens under the symbol SB.