Saul Centers' Series E Preferred Stock Shares Cross 8% Yield Mark

In trading on Thursday, shares of Saul Centers Inc's 6.000% Series E Cumulative Redeemable Preferred Stock (Symbol: BFS.PRE) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $18.73 on the day. This compares to an average yield of 8.35% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, BFS.PRE was trading at a 23.08% discount to its liquidation preference amount, versus the average discount of 16.99% in the "Real Estate" category. Below is a dividend history chart for BFS.PRE, showing historical dividend payments on Saul Centers Inc's 6.