In trading on Thursday, shares of Alpine Income Property Trust Inc’s 8.00% Series A Cumulative Redeemable Preferred Stock (Symbol: PINE.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.98 on the day. This compares to an average yield of 8.29% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, PINE.PRA was trading at a 0.08% premium to its liquidation preference amount, versus the average discount of 16.51% in the “Real Estate” category.
Below is a dividend history chart for PINE.PRA, showing historical dividend payments on Alpine Income Property Trust Inc’s 8.00% Series A Cumulative Redeemable Preferred Stock:
In Thursday trading, Alpine Income Property Trust Inc’s 8.00% Series A Cumulative Redeemable Preferred Stock (Symbol: PINE.PRA) is currently trading flat on the day, while the common shares (Symbol: PINE) are off about 0.2%.
