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Economy · Cyprus
Safe Bulkers reports 16% revenue growth and higher shareholder dividend
2 sourcesFirst reported 1 month agoUpdated 1 month ago
Right 100%
2 right-leaning
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What all sources covered
- Safe Bulkers' net income tripled to $22.2 million in Q1 2026.
- Revenue increased by 16% to $74.4 million compared to the previous year.
- The company raised its dividend to $0.06 per share from $0.05.
- Operational efficiency improved with lower daily vessel operating expenses.
- The company is now listed on Euronext Athens, enhancing its market presence.
2 sources
Who reported first
Proto ThemaFirst
Cyprus Mail+1d
All coverage
