Trailing Dividend / Share
$0.28
Safe Bulkers, Inc. (SB) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.1%
Payout Ratio
74.2%
Watch
Dividend Streak
0 years
SB Dividend Income Check
Safety
74.2% payout ratio with watch safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 14.8% and trend is unknown.
SB Dividend Scorecard
Yield & Income
Dividend Yield4.1%
Trailing DPS$0.28
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout74.2%
Earnings SafetyWatch
FCF Payout46.9%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak0 years
3Y CAGR0.0%
5Y CAGR4.6%
Yield on Cost (5Y)14.8%
YOC Trendunknown
Total Returns
Buyback Yield1.6%
Total Shareholder Yield5.8%
1Y Total Return78.4%
5Y Total Return95.1%
Div Contribution (5Y)22.0%
Estimated $10K growth (return + dividends):
5Y ago$19,50910Y ago$71,90520Y ago$5,789
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
SB Income Growth Story
Dividend per share and yield on cost over time (13 years of payments)
SB Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Safe Bulkers, Inc. distributes 74.2% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 46.9%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
SB does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.0% and 5-year CAGR of 4.6%.
Total Shareholder Returns
Beyond cash dividends, SB returns capital through share repurchases. The combined picture: 4.1% dividend yield, 1.6% buyback yield, 5.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 14.8% and is currently unknown. The 5-year total return is 95.1%, with dividends contributing 22.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $71,905 today.
SB Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$0.93
Avg/Payment$0.0465
Latest Change+20.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 30, 2026Latest | $0.0600 | ↑ +20.0% | 3.13% | Jul 16, 2026 |
| Mar 2, 2026 | $0.0500 | — | 3.00% | Mar 18, 2026 |
| Dec 8, 2025 | $0.0500 | — | 3.80% | Dec 19, 2025 |
| Aug 21, 2025 | $0.0500 | — | 4.74% | Sep 5, 2025 |
| Jun 6, 2025 | $0.0500 | — | 5.28% | Jun 20, 2025 |
| Mar 3, 2025 | $0.0500 | — | 5.42% | Mar 21, 2025 |
| Dec 2, 2024 | $0.0500 | — | 5.32% | Dec 17, 2024 |
| Aug 21, 2024 | $0.0500 | — | 4.03% | Sep 5, 2024 |
SB Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
4.1%
#4 of 9
Safety
Watch
74.2% payout
Streak
0Y
4.6% 5Y CAGR
Total Shareholder
5.8%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| SBSafe Bulkers, Inc. | $682M | 4.1% | 74.2% | 0 | Watch |
 SBLKStar Bulk Carriers C… | $2.9B | 1.2% | 40.8% | 0 | Sustainable |
 GNKGenco Shipping & Tra… | $1.0B | 3.2% | — | 0 | Unknown |
 NMMNavios Maritime Part… | $2.0B | 0.3% | 2.1% | 0 | Sustainable |
1st  SFLSFL Corporation Ltd. | $1.4B | 8.7% | — | 0 | Unknown |
3rd  CMRECostamare Inc. | $1.8B | 4.3% | 21.7% | 0 | Sustainable |
 DACDanaos Corporation | $2.3B | 2.7% | 12.8% | 4 | Sustainable |
2nd  GSLGlobal Ship Lease, I… | $1.4B | 5.6% | 18.3% | 4 | Sustainable |
 MATXMatson, Inc. | $5.8B | 0.8% | 10.1% | 13 | Sustainable |
SB Annual Dividend History (2006–2026)
21 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.11 | — | 2 | — | — | — | 8.1% |
| 2025 | $0.20 | 0.0% | 4 | $0.30 | 66.7% | 1.50x | 14.8% |
| 2024 | $0.20 | 0.0% | 4 | $0.83 | 24.1% | 4.15x | 14.8% |
| 2023 | $0.20 | 0.0% | 4 | $0.61 | 32.8% | 3.05x | 14.8% |
| 2022 | $0.20 | — | 4 | $1.36 | 14.7% | 6.80x | 14.8% |
| 2021 | $0.00 | — | 0 | $1.44 | — | — | — |
| 2020 | $0.00 | — | 0 | $-0.25 | — | — | — |
| 2019 | $0.00 | — | 0 | $-0.11 | — | — | — |
| 2018 | $0.00 | — | 0 | $0.27 | — | — | — |
| 2017 | $0.00 | — | 0 | $-0.84 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
18+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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SB — Frequently Asked Questions
Quick answers to the most common questions about buying SB stock.
How much dividend does SB pay per share?
Safe Bulkers, Inc. (SB) pays a trailing 12-month dividend of $0.28 per share, with a current dividend yield of +4.1%. Payments are made Semi-Annual.
When is SB's next ex-dividend date?
SB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SB typically pays dividends Semi-Annual.
Is SB's dividend safe?
SB's dividend safety is rated "Watch" based on an earnings payout ratio of +74.2% and FCF payout ratio of +46.9%. The dividend history does not yet show a prolonged growth streak.
How many years has SB increased its dividend?
SB has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +4.6%.
How often does SB pay dividends?
Safe Bulkers, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.28 per share. Dividend data on this page covers 18+ years from 2008 to 2026.
How much would $10,000 invested in SB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SB five years ago would be worth approximately $19,509 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SB's yield on cost for long-term holders?
SB's yield on cost — the current dividend divided by the original purchase price — is +14.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.1% market yield, thanks to consistent dividend growth.