DigitalBridge Group's Series C Preferred Stock Shares Cross 7.5% Yield Mark

In trading on Wednesday, shares of DigitalBridge Group Inc's 7.125% Series C Cumulative Redeemable Perpetual Preferred Stock (Symbol: DBRG.PRH) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $23.61 on the day. This compares to an average yield of 7.86% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, DBRG.PRH was trading at a 4.88% discount to its liquidation preference amount, versus the average discount of 14.62% in the "Real Estate" category.

The chart below shows the one year performance of DBRG.PRH shares, versus DBRG:

Below is a dividend history chart for DBRG.PRH, showing historical dividend payments on DigitalBridge Group Inc's 7.125% Series C Cumulative Redeemable Perpetual Preferred Stock :

In Wednesday trading, DigitalBridge Group Inc's 7.125% Series C Cumulative Redeemable Perpetual Preferred Stock (Symbol: DBRG.PRH) is currently down about 0.3% on the day, while the common shares (Symbol: DBRG) are up about 3.3%.

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