Seritage Growth Properties' Series A Preferred Shares Cross 9.5% Yield Mark
December 11, 2020 at 14:14 PM EST
In trading on Friday, 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 $17.82 on the day.