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

In trading on Monday, shares of DigitalBridge Group Inc's 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (Symbol: DBRG.PRI) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.7875), with shares changing hands as low as $23.60 on the day. This compares to an average yield of 7.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, DBRG.PRI was trading at a 3.88% 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.PRI shares, versus DBRG:

Below is a dividend history chart for DBRG.PRI, showing historical dividend payments on DigitalBridge Group Inc's 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock :

In Monday trading, DigitalBridge Group Inc's 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (Symbol: DBRG.PRI) is currently down about 0.4% on the day, while the common shares (Symbol: DBRG) are off about 1.1%.

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