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CTO-A CTO Realty Growth, Inc. 6.375% Series A Cumulative Redeemable Preferred Stock

We will pay cumulative dividends on the Series A Preferred Stock from, and including, the date of original issue at a rate of 6.375% per annum of the $25.00 liquidation preference per share (equivalent to an annual rate of $1.59375 per share). Dividends on the Series A Preferred Stock will be payable quarterly in arrears on or about the last day of March, June, September and December of each year, beginning September 30, 2021. On or after July 6, 2026, we may, at our option, redeem the Series A Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus any accrued and unpaid dividends on such Series A Preferred Stock up to, but excluding, the date of redemption.  This security was issued by Consolidated Tomoka Land, whose common stock symbol is CTO.

$19.52  +0.25 (1.32%)
As of 03/24/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  Real Estate—Development
Index country:  USA
Country of incorporation:  USA
IPO date:  07/08/2021
Outstanding shares:  3,000,000
Average volume:  470
Market cap:   $67,200,000
Current dividend yield:  7.11%    calculation
Coupon rate:    6.375%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   07/06/2026
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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