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National Storage Affiliates' Series A Preferred Shares Cross 6% Yield Mark

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In trading on Friday, shares of National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: NSA.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.88 on the day. This compares to an average yield of 6.76% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, NSA.PRA was trading at a 0.36% premium to its liquidation preference amount, versus the average premium of 34.74% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for NSA.PRA, showing historical dividend payments on National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest:

NSA.PRA+Dividend+History+Chart

In Friday trading, National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: NSA.PRA) is currently down about 0.1% on the day, while the common shares (Symbol: NSA) are up about 0.3%.

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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.


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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