ACR-P-D: ACRES Commercial Realty Corp. 7.875% Series D Preferred Stock
ACRES Commercial Realty Corp.'s ACR-P-D is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $22.40, ACR-P-D yields 8.79% on its $25 liquidation preference and 7.875% coupon.
It trades at a discount of 10.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-05-21.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.