Seritage Growth Properties' Series A Preferred Shares Cross 7.5% Yield Mark
May 13, 2024 at 14:10 PM EDT
In trading on Monday, shares of Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares (SRG. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $22.62 on the day.