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SRG-A Seritage Growth Properties 7.00% Series A Cumulative Preferred

We will pay quarterly cumulative dividends, in arrears, on the Series A Preferred Shares from, and including, the date of original issue, payable on the 15th day of January, April, July and October of each year, when and as authorized by our board of trustees and declared by us, beginning on April 15, 2018, at the rate of 7.00% per year of the $25.00 liquidation preference per share, or $1.75 per Series A Preferred Share per year. The first dividend payment will be for more than a full quarter and will cover the period from, and including, December 14, 2017 to, but excluding, April 15, 2018. On and after December 14, 2022, we may, at our option, redeem the Series A Preferred Shares, in whole or in part, at any time and from time to time, by paying $25.00 per share, plus all accrued and unpaid dividends to, but excluding, the redemption date.  This security was issued by Seritage Growth Properties, whose common stock symbol is SRG.

$23.12  +0.09 (0.38%)
As of 03/27/2023 09:46:08 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:  12/11/2017
Outstanding shares:  2,800,000
Average volume:  10,963
Market cap:   $64,876,000
Current dividend yield:  7.55%    calculation
Coupon rate:    7.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   12/14/2022
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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