Tag Archives: SB

Safe Bulker’s public float

sbpr061009.pdf application/pdf Object. The press release linked above from Safe Bulkers caught my eye. I did not know that about 81% of the company is in private hands. I am not sure what this means for the holders of the other 18% but I am not sure that the interests of a pair of rich shareholders [...]
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Shipping Stocks dividends 2009, Part II

A couple of days ago I started a series of articles to review the dividends paid in the first half of 2009 by the shipping stocks I follow on this site. You can read the 1st article here. There are 25 stocks on my list that paid a distribution so far this year and I [...]
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Safe Bulkers 1st quarter results

sbpr052109.pdf (application/pdf Object). The 1st quarter results for Safe Bulkers Inc. SB are linked above. As with many recent quarterly earnings results this one has some interesting reading. Net income showed a 160% increase, but all of the increase was from a one-time $29 million gain on an early termination of a time charter. Throw out that [...]
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Shipping Stocks Performance Year-to-Date

It is (almost) the end of the first quarter of 2009 so I thought I would put up a little data on how the shipping stocks I track have fared. I keep a Google portfolio that has been tracking the values of 42 shipping stocks on an equal dollar weighted average since January 1, 2009. [...]
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Safe Bulkers cuts dividend

sbpr020909.pdf (application/pdf Object). Safe Bulkers [[SB]] cut it’s dividend to 15 cents per share and is trying to change their loan covenants. The subscription list for this new site continues to grow and I am working to have the site live within the next week or so.
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