The 10 Highest Yielding Preferred Stocks

By Preferred Stock Channel Staff, updated Tue, July 7, 8:25 AM

This Slide: #1 of 10

#10. Washington Prime Group (New) | 7.5% Series H Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE:WPG.PRH) | 18.83% CURRENT YIELD

Discount to Liquidation Preference: -60.16%	Average Discount in Category: -47.22%
Current Annualized Yield: 18.83%	Average Yield in Category: 9.20%
Days Since Last Ex-Div Date: 7 \| See Dividend History »	Categorization: REITs

WPG.PRH — Key Stats

Series:	H
Alternate symbology:	WPG-H, WPG-PH, WPGprH
Redeemable?:	Yes
Call Date:	8/10/2017 (Now Trading Post Call Date)
Perpetual?:	Yes
Cumulative?:	Yes
Shares Offered:	3,600,000
Overallotment:	400,000
Liquidation Preference:	$25
Recent Market Price:	$9.89
Discount to Liquidation Preference: (More Preferreds Trading at a Discount »)	$-15.11 (-60.44%)
Annualized Dividend:	1.8752
Recent Ex-Date:	6/26/2020
Current Yield:	7.58%
Original Coupon:	7.50%
Pay Period:	Quarterly
Pay Dates:	15-Jan, 15-Apr, 15-Jul, 15-Oct

About Washington Prime Group (New) (WPG)

Washington Prime Group operates as a self-administered and self-managed real estate investment trust. Washington Prime Group, L.P. (WPG L.P.) is Co.'s majority-owned limited partnership subsidiary that owns, develops, and manages, through its affiliates, all of Co.'s real estate properties and other assets. Co. is the sole general partner of WPG L.P. Co. owns, develops and manages enclosed retail properties and open air properties. Co.'s assets consist of material interests in shopping centers in the United States.

Preferreds: WPG.PRH, WPG.PRI

Open the WPG Information Page »

WPG — Key Stats (updated 22 HRs ago)

Name:
Washington Prime Group (New)
Website:
www.washingtonprime.com
Sector:
REITs
Number of ETFs Holding WPG:
40 (see which ones)
Total Market Value Held by ETFs:
$38,785,632
Total Market Capitalization:
$153,000,000
% of Market Cap. Held by ETFs:
25.35%