Medalist Diversified REIT's Series A Preferred Shares Cross 8% Yield Mark
September 18, 2024 at 14:29 PM EDT
In trading on Wednesday, shares of Medalist Diversified REIT Inc's 8.0% Ser A Cumulative Prfd Stock Due 02/19/2025 (MDRRP) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.99 on the day. This compares to an average yield of 8.13% in the "REITs" preferred stock category, according to Preferred Stock Channel..