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Saul Centers' Series D Preferred Stock Yield Pushes Past 7.5%

Source: Nasdaq

Capital Returns (Dividends / Buybacks)Credit & Bond MarketsMarket Technicals & FlowsCompany Fundamentals

Saul Centers Inc’s BFS.PRD preferred shares traded with a yield above 7.5%, based on an annualized dividend of $1.5312. Shares changed hands as low as $20.41 during the session, suggesting the market is pricing the preferred for relatively high income yield, but the article provides no new fundamentals beyond trading/yield levels.

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