Presidio Property Trust's Series D Preferred Stock Shares Cross 13% Yield Mark

By Preferred Stock Channel Staff, Wednesday, May 10, 2:17 PM ET

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In trading on Wednesday, shares of Presidio Property Trust Inc's 9.375% Series D Cumulative Redeemable Preferred Stock (NASDAQ:SQFTP) were yielding above the 13% mark based on its monthly dividend (annualized to $2.3437), with shares changing hands as low as $17.53 on the day. This compares to an average yield of 8.26% in the "REITs" preferred stock category, according to Preferred Stock Channel. As of last close, SQFTP was trading at a 26.00% discount to its liquidation preference amount, versus the average discount of 29.81% in the "REITs" category.

The chart below shows the one year performance of SQFTP shares, versus SQFT:

Performance Comparison Chart

Below is a dividend history chart for SQFTP, showing historical dividend payments on Presidio Property Trust Inc's 9.375% Series D Cumulative Redeemable Preferred Stock:

Free Report: Top 8%+ Dividends (paid monthly)

In Wednesday trading, Presidio Property Trust Inc's 9.375% Series D Cumulative Redeemable Preferred Stock (NASDAQ:SQFTP) is currently down about 3.9% on the day, while the common shares (NASDAQ:SQFT) are up about 1.1%.

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Presidio Property Trust's Series D Preferred Stock Shares Cross 13% Yield Mark

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