ACRES Commercial Realty's Series D Preferred Stock Crosses Above 9% Yield Territory
March 15, 2024 at 14:34 PM EDT
In trading on Friday, shares of ACRES Commercial Realty Corp's 7.875% Series D Cumulative Preferred Stock (ACR. RD) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $21.82 on the day.