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Saul Centers' Series E Preferred Stock Shares Cross 8% Yield Mark

Source: Nasdaq

Credit & Bond MarketsCompany Fundamentals

Saul Centers' 6.000% Series E cumulative redeemable preferred shares (BFS.PRE) traded as low as $18.73 on Thursday, lifting the indicated yield above 8%. The preferred stock pays a $1.50 annualized dividend, based on its quarterly distribution.

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