|
Featured MNV Articles:
| Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares Ex-Dividend ReminderBy Preferred Stock Channel Staff, Tuesday, September 26, 1:42 PM ET
On 9/28/23, Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares (NYSE:SRG.PRA) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 10/13/23. As a percentage of SRG.PRA's recent share price of $23.79, this dividend works out to approximately 1.84%, so look for shares of SRG.PRA to trade 1.84% lower — all else being equal — when SRG.PRA shares open for trading on 9/28/23. On an annualized basis, the current yield is approximately 7.35%, which compares to an average yield of 8.96% in the "REITs" preferred stock category, according to Preferred Stock Channel. As of last close, SRG.PRA was trading at a 4.72% discount to its liquidation preference amount. The chart below shows the one year performance of SRG.PRA shares, versus SRG:
Below is a dividend history chart for SRG.PRA, showing historical dividends prior to the most recent $0.4375 on Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares : Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Tuesday trading, Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares (NYSE:SRG.PRA) is currently off about 0.1% on the day, while the common shares (NYSE:SRG) are off about 1.1%.
This Article's Word Cloud:
Arial
Below
Channel
Cumulative
Dividend
Going
Growth
NYSE
Newsletter
Offer
Preferred
Premium
Properties
REITs
Receive
Redeemable
Series
Seritage
Shares
Special
Start
Stock
Stocks
Tuesday
about
according
afterLeftLabels
afternoon
amount
annualized
approximately
average
axisColor
background
basis
beforeLeftLabels
being
below
best
bkgImage
chart
dividend
escape
fillColor
mdash
recent
shares
trade
trading
yield
|