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27 February
Rexford Industrial Realty's Series B Preferred Stock Crosses Above 6.5% Yield Territory

In trading on Monday, shares of Rexford Industrial Realty Inc's 5.875% Series B Cumulative Redeemable Preferred Stock (Symbol: REXR.PRB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $22.22 on the day. This compares to an average yield of 8.22% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, REXR.PRB was trading at a 9.12% discount to its liquidation preference amount, versus the average discount of 16.79% in the "Real Estate" category.

The chart below shows the one year performance of REXR.PRB shares, versus REXR:

Performance Comparison Chart
Performance Comparison Chart

Below is a dividend history chart for REXR.PRB, showing historical dividend payments on Rexford Industrial Realty Inc's 5.875% Series B Cumulative Redeemable Preferred Stock:

REXR.PRB+Dividend+History+Chart
In Monday trading, Rexford Industrial Realty Inc's 5.875% Series B Cumulative Redeemable Preferred Stock (Symbol: REXR.PRB) is currently down about 2.2% on the day, while the common shares (Symbol: REXR) are off about 3.6%.
Also see:

MAH Split History
AMTD Historical Stock Prices
IBBQ market cap history

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