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DigitalBridge Group's Series I Preferred Stock Yield Pushes Past 12%

Source: Nasdaq

Capital Returns (Dividends / Buybacks)Credit & Bond Markets

DigitalBridge Group's 7.15% Series I cumulative redeemable perpetual preferred shares (DBRG.PRI) traded as low as $14.75 on Wednesday, pushing the yield above 12% based on the $1.7875 annualized dividend. The update highlights the preferred security's elevated income yield, with limited broader market implications.

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