DigitalBridge Group's Series I Preferred Stock Yield Pushes Past 12%

In trading on Wednesday, shares of DigitalBridge Group Inc's 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock (Symbol: DBRG.PRI) were yielding above the 12% mark based on its quarterly dividend (annualized to $1.7875), with shares changing hands as low as $14.75 on the day. This compares to an average yield of 8.49% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, DBRG.PRI was trading at a 40.20% discount to its liquidation preference amount, versus the average discount of 18.23% in the "Real Estate" category. Below is a dividend history chart for DBRG.PRI, showing historical dividend payments on DigitalBridge Group Inc's 7.