I like Safe Bulkers (SB). Buy it when the market tanks

Safe Bulkers (SB) Declares $0.15 Quarterly Dividend; 10.7% Yield

November 8, 2010 5:27 PM EST

Safe Bulkers, Inc. (NYSE: SB) on Monday announced that its Board of
Directors has declared a cash dividend on its common stock of $0.15
per share, $0.60 annualized.

The dividend is payable on or about November 26, 2010 to shareholders
of record at the close of trading of the Company’s common stock on
November 19, 2010. The ex-dividend date is November 17, 2010.

The yield is 10.7%

http://www.streetinsider.com/Dividends/Safe+Bulkers+(SB)+Declares+$0.15+Quarterly+Dividend%3B+10.7%25+Yield/6087085.html

I’ve done a lot of research on this company, but not a lot of
writing/blogging on it. I would by this stock on any market
correction.

Disclosure: I don’t own any SB right now.

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Published in: on November 16, 2010 at 11:49 pm  Leave a Comment  

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