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Franklin BSP Realty Trust's Series E Preferred Stock Crosses Above 10% Yield Territory

Source: Nasdaq

Housing & Real EstateCapital Returns (Dividends / Buybacks)Interest Rates & Yields

Franklin BSP Realty Trust's 7.50% Series E cumulative redeemable preferred shares (FBRT.PRE) traded as low as $18.38 on Wednesday, pushing their annualized $1.875 dividend yield above 10%. The elevated yield reflects the preferred stock's discounted trading price and is primarily a security-specific income-market data point.

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