In Thursday’s trading, Saul Centers Inc. Series E 6.000% Redeemable Preferred Stock (ticker: BFS.PRE) was yielding above the 6.5% mark based on its quarterly dividend (annualized at 1 $.50), with the shares changing hands as low as $22.87 on the day. That compares to an average return of 7.09% in the Real Estate preferred stock category, according to Preferred Stock Channel. At last close, BFS.PRE was trading at a 6.24% discount to its preferred liquidation amount, compared to an average discount of 7.16% in the “Real Estate” category.
The graph below shows the one-year performance of BFS.PRE shares, compared to BFS:
Below is a historical dividend chart for BFS.PRE, showing historical dividend payments on Saul Centers Inc Series E 6.000% Cumulative Redeemable Preferred Shares:
In Thursday’s trading, Saul Centers Inc. Series E 6.000% Cumulative Redeemable Preferred Stock (ticker: BFS.PRE) is currently down about 2.4% on the day, while common stock (ticker: : BFS) are trading flat.
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