Seritage Growth Properties' Series A Preferred Shares Crosses Above 7.5% Yield Territory

In trading on Friday, shares of Seritage Growth Properties's 7.00% Series A Cumulative Redeemable Preferred Shares (SRG. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $23.20 on the day.