Seritage Growth Properties's Series A Preferred Shares Crosses Above 7.5% Yield Territory
May 10, 2018 at 15:02 PM EDT
In trading on Thursday, 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 $23.00 on the day.