Seritage Growth Properties's Series A Preferred Shares Crosses Above 9.5% Yield Territory
June 09, 2020 at 14:09 PM EDT
In trading on Tuesday, shares of Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares (SRG. RA) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $18.00 on the day.
