Safe Bulkers, Inc. Reports Third Quarter and Nine Months 2016 Results

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Go back to Safe Bulkers, Inc. Reports Third Quarter and Nine Months 2016 Results

Safe Bulkers (SB) Reports In-Line Q3 Loss; No Dividend Declared

October 31, 2016 7:42 AM EDT

Safe Bulkers (NYSE: SB) reported Q3 EPS of ($0.15), in-line with the analyst estimate of ($0.15). Revenue for the quarter came in at $27.1 million versus the consensus estimate of $26.98 million.

Dividend Policy

The Board of Directors of the Company has not declared a dividend for the third quarter of 2016. The Company has 83,611,628 shares of common stock issued and outstanding as of October 31,... More