Rexford Industrial Realty's Series C Preferred Stock Crosses Above 6.5% Yield Territory
March 25, 2024 at 14:35 PM EDT
In trading on Monday, shares of Rexford Industrial Realty Inc's 5.625% Series C Cumulative Redeemable Preferred Stock (REXR. RC) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.4063), with shares changing hands as low as $21.60 on the day.