SB-P-C: SAFE BULKERS, INC. 8% Series C Preferred Stock
SAFE BULKERS, INC.'s SB-P-C is an exchange-traded preferred stock in the Deep Sea Foreign Transportation Of Freight sector.
At a recent price of $25.99, SB-P-C yields 7.70% on its $25 liquidation preference and 8% coupon.
It trades at a premium of 4.0% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2019-05-31.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.