Safe Bulkers Announces Strong Q3 Results and Dividend

Safe Bulkers (SB) has released an update.

Safe Bulkers, Inc. has announced its third quarter 2024 financial results, showcasing a robust performance with net income reaching $25.1 million, a significant increase from $15 million in the same quarter last year. The company also declared a $0.05 per share dividend on its common stock, highlighting its commitment to rewarding shareholders. This announcement reflects strong market positioning and positive momentum in the marine drybulk transportation sector.

For further insights into SB stock, check out TipRanks’ Stock Analysis page.

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