HomeMost PopularFranklin BSP Realty Trust's Series E Preferred Stock Crosses Above 9% Yield...

Franklin BSP Realty Trust's Series E Preferred Stock Crosses Above 9% Yield Territory

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In trading on Monday, shares of Franklin BSP Realty Trust Inc’s 7.50% Series E Cumulative Redeemable Preferred Stock (Symbol: FBRT.PRE) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $20.80 on the day. This compares to an average yield of 7.92% in the β€œReal Estate” preferred stock category, according to Preferred Stock Channel. As of last close, FBRT.PRE was trading at a 16.40% discount to its liquidation preference amount, versus the average discount of 14.48% in the β€œReal Estate” category.

Performance Comparison Chart

Below is a dividend history chart for FBRT.PRE, showing historical dividend payments on Franklin BSP Realty Trust Inc’s 7.50% Series E Cumulative Redeemable Preferred Stock :

FBRT.PRE+Dividend+History+Chart

In Monday trading, Franklin BSP Realty Trust Inc’s 7.50% Series E Cumulative Redeemable Preferred Stock (Symbol: FBRT.PRE) is currently up about 0.4% on the day, while the common shares (Symbol: FBRT) are trading flat.

nslideshow Click here to find out the 50 highest yielding preferreds Β»

Also see:

Β• Institutional Holders of BRKS
Β• GTX Historical Stock Prices
Β• EOLS Stock Predictions

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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