Safe Bulkers (SB) Declares $0.15 Quarterly Dividend; 8% Yield

Safe Bulkers (NYSE: SB) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on August 31, 2011, to stockholders of record on August 24, 2011, with an ex-dividend date of August 22, 2011.

The annual yield on the dividend is 8 percent.

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