Equitable Holdings' Preferred Stock, Series A Shares Cross 7% Yield Mark

Why it matters

The rise of Equitable Holdings' preferred stock yield above 7% reflects market pricing and credit spread dynamics but is routine market activity without broader structural or systemic implications.

Sources

• Nasdaq

  Equitable Holdings' Preferred Stock, Series A Shares Cross 7% Yield Mark

  In trading on Wednesday, shares of Equitable Holdings Inc's 5.25% Fixed Rate Noncumulative Perpetual Preferred Stock, Series A (Symbol: EQH.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $18.74

• Nasdaq

  MetLife's Preferred Stock, Series E Shares Cross 6.5% Yield Mark

  In trading on Wednesday, shares of MetLife Inc's 5.625% Non-Cumulative Preferred Stock, Series E (Symbol: MET.PRE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $21.63 on the day. This compares

• Nasdaq

  Mid-America Apartment Communities' Series A Preferred Shares Yield Pushes Past 8%

  In trading on Thursday, shares of Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) were yielding above the 8% mark based on its quarterly dividend (annualized to $4.25), with shares changing hands as low as $52.03 o

• Nasdaq

  Public Storage's Preferred Series F Shares Cross 6.5% Yield Mark

  In trading on Thursday, shares of Public Storage's 5.15% Dep Shares Cumulative Preferred Shares Series F (Symbol: PSA.PRF) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.2876), with shares changing hands as low as $19.73 on the day. This c