Recent Updates — SB-PC

Safe Bulkers, Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026. Net revenues increased 33% to $87.5 million in Q2 2026 from $65.7 million in the prior year period, driven by higher charter hires and scrubber-fitted vessel earnings. Net income rose significantly to $35.2 million compared to $1.7 million in Q2 2025. The Board declared a quarterly cash dividend of $0.075 per share of common stock, payable on August 26, 2026, to shareholders of record as of August 13, 2026. Additionally, the company announced its common stock commenced trading on Euronext Athens in June 2026 while remaining listed on the NYSE. Safe Bulkers, Inc. operates in the marine drybulk transportation industry, providing shipping services for commodities such as coal, grain, and iron ore.

Safe Bulkers, Inc. has issued a notice for its 2026 Annual Meeting of Stockholders, scheduled for September 10, 2026, in Monte Carlo, Monaco. The meeting agenda includes the election of three Class III directors—Konstantinos Adamopoulos, Kristin H. Holth, and Vasilis Hajioannou—for terms expiring in 2029, and the ratification of Deloitte, Certified Public Accountants S.A. as the company's independent auditors for the fiscal year ending December 31, 2026. The company also released its 2025 Annual Report, noting 2025 revenues of $288 million and an EPS of $0.30. The company is a global shipping firm providing seaborne transportation in the dry bulk sector.