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Rexford Industrial Realty's Series B Preferred Stock Crosses Above 7% Yield Territory
Source: Nasdaq
Interest Rates & YieldsCapital Returns (Dividends / Buybacks)Credit & Bond Markets
Rexford Industrial Realty’s 5.875% Series B cumulative redeemable preferred shares (REXR.PRB) yielded above 7% on Tuesday, based on an annualized quarterly dividend of $1.4688. The shares traded as low as $20.96; the article provides no explanation for the price or yield.
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