Safe Bulkers, Inc. · SB · NYSE
Dividend report · updated Nov 13, 2026
$8.29 +2.22% on the day, +$0.18
SB stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is SB’s dividend Very Safe or High Risk? 10 checks scored. Payout ratio, raise streak, recession record and 7 more. Show the rating
Yearly payout / yield
$0.30·3.62%
$0.075 quarterly x 4 ⓘ
Next payment
~$0.075/qtr
pays ~Nov 16 (est.) ⓘ
Next ex-date
Nov 14est.
ex tomorrow ⓘ
Years without a cut
4 yrs
since the 2021 stop ⓘ
Paying since
2008
48 payments on file
Yield vs history ⓘ
28
Below its usual yield
SB share price & total return
Daily closing price, adjusted for stock splits.
Every payment since Mar 2022
SB Dividend Growth (CAGR)
1Y +16.6%3Y +5.8%5Y +8.3%10Y +8.3%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 48 payments since 2008.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.075 rate), not a promise.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: 0% a year, its typical raise over the last 4 years. Today's $0.30 a year would stay $0.30 by 2031 - 3.62% on today's $8.29 price.

How Many SB Shares for $500 or $1,000 a Month?

At $0.30 a share a year, $500 a month takes about 20,000 SB shares, about $165,800 at the Nov 13, 2026 close of $8.29. $1,000 a month takes about 40,000 shares, about $331,600. Before taxes, and only while the rate holds.

Safe Bulkers (SB) pays $0.075 a share quarterly, $0.30 a year, a 3.62% run-rate yield at the Nov 13, 2026 close of $8.29. It has made 48 dividend payments since 2008.

At today’s rate of $0.075 quarterly and the last close of $8.29, this is what SB pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.075$0.03$0.30
100 shares$7.50$2.50$30.00
$10,000 invested (1,206.3 shares)$90.47$30.16$361.88
20,000 shares ($500/mo)$1,500.00$500.00$6,000.00
40,000 shares ($1,000/mo)$3,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 SB shares reinvest into 0.90 new shares each payment, about 3.7 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 111 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with SB’s own history in the SB DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See SB’s rating and its 10 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (FCF): is spare cash enough to pay the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

SB Dividend Yield Today vs Its 5-Year Range

28/100Below its usual yieldvs its 4-yr history
  • SB yields 3.62% today, at the Nov 13, 2026 close of $8.29.
  • Its own 4-year median is 5.02%, so today’s yield is below its usual level.
Since Mar 2022: lowest to highest month-end yield
2.97% low8.10% high
Blue mark = today, grey = its 4-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 4 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is SB’s Next Dividend? Ex-Date and Pay Date After August 2026

SB has not declared its next dividend yet. By its usual rhythm of about 93 days between ex-dates, the next ex-date falls around Nov 14, 2026, with the cash around Nov 16, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.075 a share, went ex on Aug 13, 2026 and paid Aug 17, 2026.

  • Ex-dates: about every 93 days (quarterly)
  • Payment: usually about 2 days after the ex-date
  • Next earnings report: Nov 25, 2026

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does SB Pay?

SB pays quarterly, 4 times a year. Recent payments arrived in Mar, Jul, Aug and Dec, with ex-dates in Mar, Jun, Aug and Dec. The ex-date comes about every 93 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$0.24 a share, in 4 payments.
+17.5% against the 12 months before ($0.20 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jul, Aug and Dec. Ex-dates fall in Mar, Jun, Aug and Dec (latest 4 payments).
Raise history
  • Streak: 0 years of higher annual totals (through 2025)
  • Last raise: Jun 30, 2026 - $0.05 to $0.06 (+$0.01, +20.00%)
  • Usual $ step: $0.01 (median of the raises before it)
Coverage
  • EPS payout: 25.6% - $0.20 paid / $0.78 EPS (4 quarters to Jun 30, 2026); own 4-yr norm 24.0% (median of 12 earlier trailing years)
  • FCF payout: 33.4% - $0.20 paid / $0.60 free cash flow per share (4 quarters to Jun 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)

SB vs Similar Dividend Stocks (ASTE, KFRC...)

Against the 10 dividend-paying Industrials companies closest to SB in market value, SB’s 3.62% run-rate yield is above the group’s middle yield of 1.51%, and its raise streak of 0 years is the 4th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
SB $8.29Safe Bulkers $0.075/qtr$0.30/yr fwd 3.62% Dividend Safety Rating: paid plans only 4 yrsno raise streak
ASTE $38.63Astec Industries $0.13/qtr$0.52/yr fwd 1.35% Dividend Safety Rating: paid plans only 12+ yrsno raise streak
KFRC $56.04Kforce $0.40/qtr$1.60/yr fwd 2.86% Dividend Safety Rating: paid plans only 12 yrsraised 8 yrs in a row
NX $19.20Quanex Building Products $0.08/qtr$0.32/yr fwd 1.67% Dividend Safety Rating: paid plans only 17 yrsno raise streak
PLOW $37.44Douglas Dynamics $0.295/qtr$1.18/yr fwd 3.15% Dividend Safety Rating: paid plans only 14+ yrsno raise streak
WLFC $45.77Willis Lease Finance $0.133/qtr$0.53/yr fwd 1.16% Dividend Safety Rating: paid plans only 0 yrsno raise streak
MRTN $11.94Marten Transport $0.06/qtr$0.24/yr fwd 2.01% Dividend Safety Rating: paid plans only 14+ yrsno raise streak
APOG $47.17Apogee Enterprises $0.27/qtr$1.08/yr fwd 2.29% Dividend Safety Rating: paid plans only 37+ yrsraised 14 yrs in a row
CVLG $32.82Covenant Logistics Group $0.07/qtr$0.28/yr fwd 0.85% Dividend Safety Rating: paid plans only 2 yrsraised 2 yrs in a row
NPK $139.15National Presto Industries $1.00/yr 0.72% Dividend Safety Rating: paid plans only 2 yrsno raise streak
HTLD $10.40Heartland Express $0.02/qtr$0.08/yr fwd 0.77% Dividend Safety Rating: paid plans only 21+ yrsno raise streak

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: SB vs ASTE, SB vs KFRC, SB vs NX.

SB Dividend History: Every Payment Since 2008

Ex-datePay dateAmountFrequencyType
Aug 13, 2026Aug 17, 2026$0.075QuarterlyRegular
Jun 30, 2026Jul 2, 2026$0.06QuarterlyRegular
Mar 2, 2026Mar 4, 2026$0.05QuarterlyRegular
Dec 8, 2025Dec 19, 2025$0.05QuarterlyRegular
Aug 21, 2025Aug 25, 2025$0.05QuarterlyRegular
Jun 6, 2025Jun 9, 2025$0.05QuarterlyRegular
Mar 3, 2025Mar 5, 2025$0.05QuarterlyRegular
Dec 2, 2024Dec 4, 2024$0.05QuarterlyRegular
Aug 21, 2024Aug 23, 2024$0.05QuarterlyRegular
May 16, 2024May 20, 2024$0.05QuarterlyRegular
The other 38 SB payments come with a paid plan.
Show all 48 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for SB

UnlockDividend Safety Rating: paid plans only
See where SB lands, and why.
See the rating & factors »
Own SB? Your payouts fill in by themselves Add SB once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track SB →

SB Dividend Questions

How often does SB pay dividends?

SB pays quarterly, 4 times a year. Recent payments arrived in Mar, Jul, Aug and Dec, with ex-dates in Mar, Jun, Aug and Dec. The ex-date comes about every 93 days, and the cash usually lands about 2 days later.

Does SB pay dividends monthly?

No. SB pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next SB dividend?

SB has not declared its next dividend yet. By its usual rhythm of about 93 days between ex-dates, the next ex-date falls around Nov 14, 2026, with the cash around Nov 16, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.075 a share, went ex on Aug 13, 2026 and paid Aug 17, 2026. The current rate is $0.075 per share, $0.30 a year.

Does SB pay a dividend in November 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Nov 14, 2026, with the cash around Nov 16, 2026, so a payment in November 2026 is likely. Only the company’s declaration makes it final.

How much does SB pay per share?

SB pays $0.075 a share quarterly, $0.30 a year. At the Nov 13, 2026 close of $8.29 that is a 3.62% run-rate yield, below its usual level: its own 4-year median is 5.02%.

Has SB raised its dividend?

SB has no current streak of yearly raises. The latest raise, on Jun 30, 2026, took the rate from $0.05 to $0.06 (+20.00%). Over five years the dividend grew 8.3% a year.

Is SB’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. SB paid out 26% of its earnings and 33% of its free cash flow as dividends over the 4 quarters to Jun 30, 2026. It has gone 4 years without a cut. This is data, not investment advice. The full 10-check rating comes with a plan.

How do I track my SB dividends?

Add SB to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run SB in the DRIP calculator.

More Dividend Lists and Tools

How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 13, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 10 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.