American Finance Trust Series A Cumulative Redeemable Perpetual Preferred Stock Shares Cross 8% Yield Mark
July 01, 2020 at 14:10 PM EDT
In trading on Wednesday, shares of American Finance Trust Inc's 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (AFINP) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $23.25 on the day. This compares to an average yield of 8.17% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..
