Safe Bulkers (SB) Dividend Coverage Ratio (2009 - 2025)

Safe Bulkers (SB) has reported Dividend Coverage Ratio for 12 consecutive years, with 0.34 the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Dividend Coverage Ratio rose 41.57% year-over-year to 0.34; the trailing twelve-month figure through Dec 2025 stood at 0.28 (up 79.29% YoY), and the FY2025 full-year result was 1.07, up 64.74% from the prior year.
• Dividend Coverage Ratio climbed to 0.34 in Q4 2025 per SB's latest filing, from 0.59 in the prior quarter.
• Across five years, Dividend Coverage Ratio topped out at 3.72 in Q3 2021 and bottomed at 3.18 in Q4 2021.
• Historically, Dividend Coverage Ratio has averaged 0.25 across 4 years, with a median of 0.59 in 2024.
• The widest YoY moves for Dividend Coverage Ratio: up 72412.12% in 2021, down 1388.85% in 2021.
• Over 4 years, Dividend Coverage Ratio stood at 3.18 in 2021, then soared by 73.74% to 0.83 in 2023, then gained by 29.51% to 0.59 in 2024, then jumped by 41.57% to 0.34 in 2025.
• According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 0.34, 0.59, and 0.83 for Q4 2025, Q4 2024, and Q4 2023 respectively.