Presidio Property Trust's Series D Preferred Stock Crosses Above 13.5% Yield Territory
May 14, 2024 at 17:21 PM EDT
In trading on Tuesday, shares of Presidio Property Trust Inc's 9.375% Series D Cumulative Redeemable Preferred Stock (SQFTP) were yielding above the 13.5% mark based on its monthly dividend (annualized to $2.3437), with shares changing hands as low as $17.24 on the day. This compares to an average yield of 7.97% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..
