ACR-P-C: ACRES Commercial Realty Corp. 9.951% Series C Preferred Stock
ACRES Commercial Realty Corp.'s ACR-P-C is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $25.47, ACR-P-C yields 9.77% on its $25 liquidation preference and 9.951% coupon.
It trades at a premium of 1.9% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-07-30.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.