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BFS-D Saul Centers ADRs of 6.125% Series D Cumulative Preferred

We will pay quarterly cumulative distributions on the Series D preferred stock underlying the depositary shares, from, and including, the date of original issuance, in the amount of $1.53125 per depositary share each year, which is equivalent to 6.125% of the $25.00 liquidation preference per depositary share. Dividends will be payable quarterly in arrears, on each January 15, April 15, July 15 and October 15, beginning on April 15, 2018. The initial dividend on the depositary shares sold in this offering will be $0.28924 per depositary share. On and after January 23, 2023, we may, at our option, redeem the shares of the Series D preferred stock underlying the depositary shares, in whole or from time to time in part, by paying $2,500.00 per share ($25.00 per depositary share), plus any accumulated and unpaid dividends to, but not including, the redemption date.   This security was issued by Saul Centers, Inc, whose common stock symbol is BFS.

$22.35  +0.40 (1.82%)
As of 03/21/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REITóRetail
Index country:  USA
Country of incorporation:  USA
IPO date:  01/18/2018
Outstanding shares:  3,000,000
Average volume:  931
Market cap:   $70,350,000
Current dividend yield:  6.53%    calculation
Coupon rate:    6.125%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   01/23/2023
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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