Key Developments: Safe Bulkers Inc (SB)
5.48USD
24 May 2013
$-0.12 (-2.14%)
$5.60
$5.60
$5.60
$5.42
95,712
331,392
$6.71
$3.12
Latest Key Developments (Source: Significant Developments)
Safe Bulkers Inc Declares Quarterly Dividend
Safe Bulkers Inc announced that the Board of Directors declared a cash dividend on the Company's common stock of $0.05 per share payable on or about June 7, 2013 to shareholders of record at the close of trading of the Company's common stock on the New York Stock Exchange on May 27, 2013. Full Article
Safe Bulkers Inc Declares Quarterly Dividend
Safe Bulkers Inc announced that the Board of Directors declared a cash dividend on the Company's common stock of $0.05 per share payable on or about March 8, 2013 to shareholders of record at the close of trading of the Company's common stock on the New York Stock Exchange (the NYSE) on March 4, 2013. Full Article
Safe Bulkers Inc Declares Quarterly Dividend
Safe Bulkers Inc announced that the Company's Board of Directors declared a cash dividend on the Company's common stock of $0.05 per share payable on or about November 30, 2012 to shareholders of record at the close of trading of the Company's common stock on the New York Stock Exchange (the NYSE) on November 26, 2012. Full Article
Safe Bulkers, Inc. Declares Quarterly Dividend
Safe Bulkers, Inc. announced its unaudited financial results for the three- and six-months periods ended June 30, 2012. The Company's Board of Directors also declared a quarterly dividend of $0.15 per share for the second quarter of 2012. Full Article
Safe Bulkers, Inc. Declares Quarterly Dividend
Safe Bulkers, Inc. announced that the Company's Board of Directors declared a cash dividend on the Company's common stock of $0.15 per share payable on or about May 31, 2012 to shareholders of record at the close of trading of the Company's common stock on the New York Stock Exchange (the NYSE) on May 23, 2012. Full Article
Safe Bulkers, Inc. Announces Closing Of Public Offering Of Common Stock
Safe Bulkers, Inc. announced the closing of its previously announced public offering of 5,000,000 shares of common stock (the Public Offering) at a price of $6.50 per share. The gross proceeds from the Public Offering before the underwriting discount and other offering expenses were approximately $32,500,000. The Company also granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of the common stock. The Company plans to use the net proceeds of the Public Offering for vessel acquisitions, capital expenditures and for other general corporate purposes, which may include the repayment of indebtedness. Morgan Stanley, BofA Merrill Lynch and Credit Suisse acted as book-running managers and Evercore Partners acted as co-manager of the Public Offering, which is being made under an effective shelf registration statement. Full Article
Safe Bulkers Inc Announces Pricing Of Public Offering Of Common Stock
Safe Bulkers Inc announced that its public offering of 5,000,000 shares of common stock (the Public Offering) was priced at $6.50 per share. The gross proceeds from the Public Offering before the underwriting discount and other offering expenses are expected to be approximately $32,500,000. The Company plans to use the net proceeds of the Public Offering for vessel acquisitions, capital expenditures and for other general corporate purposes, which may include repayment of indebtedness. Full Article
Safe Bulkers Inc Announces Public Offering Of Common Stock
Safe Bulkers Inc announced that it plans to offer 5,000,000 shares of its common stock to the public. In connection with the Public Offering, the Company intends to grant the underwriters a 30 day option to purchase up to 750,000 additional shares of common stock. The Company plans to use the net proceeds of the Public Offering for vessel acquisitions, capital expenditures and for other general corporate purposes, which may include repayment of indebtedness. Morgan Stanley, BofA Merrill Lynch and Credit Suisse are acting as book-running managers and Evercore Partners is acting as co-manager of the Public Offering, which will be made under an effective shelf registration statement. Full Article
Safe Bulkers Inc Declares Dividend
Safe Bulkers Inc announced that it has declared a cash dividend on the Company's common stock of $0.15 per share payable on or about February 29, 2012 to shareholders of record at the close of trading of the Company's common stock on the New York Stock Exchange (the NYSE) on February 24, 2012. Full Article

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