REGCP

Regency Centers's Series A Preferred Stock Crosses Above 6.5% Yield Territory

In trading on Tuesday, shares of Regency Centers Corp's 6.250% Series A Cumulative Redeemable Preferred Stock (Symbol: REGCP) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $23.92 on the day. This compares to an average yield of 7.65% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, REGCP was trading at a 2.60% discount to its liquidation preference amount, versus the average discount of 8.91% in the "Real Estate" category.

The chart below shows the one year performance of REGCP shares, versus REG:

Performance Comparison Chart

Below is a dividend history chart for REGCP, showing historical dividend payments on Regency Centers Corp's 6.250% Series A Cumulative Redeemable Preferred Stock:

REGCP+Dividend+History+Chart

In Tuesday trading, Regency Centers Corp's 6.250% Series A Cumulative Redeemable Preferred Stock (Symbol: REGCP) is currently down about 1.2% on the day, while the common shares (Symbol: REG) are up about 0.7%.

Also see:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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