Regency Centers' Series A Preferred Stock Shares Cross 6.5% Yield Mark

Core Viewpoint - Regency Centers Corp's 6.250% Series A Cumulative Redeemable Preferred Stock (REGCP) is yielding above 6.5% based on its quarterly dividend, indicating a potential investment opportunity despite a lower yield compared to the average in the real estate preferred stock category [1]. Group 1 - REGCP shares were trading as low as $23.93, with an annualized dividend of $1.5625, resulting in a yield above 6.5% [1]. - The average yield in the "Real Estate" preferred stock category is 7.73%, suggesting REGCP is underperforming relative to its peers [1]. - As of the last close, REGCP was trading at a 3.72% discount to its liquidation preference amount, compared to the average discount of 12.02% in the "Real Estate" category [1]. Group 2 - On Monday, REGCP shares were down approximately 0.6%, while the common shares (REG) were trading flat [4].