Lument Finance Trust's Series A Preferred Stock Yield Pushes Past 12%

In trading on Friday, shares of Lument Finance Trust Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (Symbol: LFT.PRA) were yielding above the 12% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $16.39 on the day. This compares to an average yield of 8.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, LFT.PRA was trading at a 34.28% discount to its liquidation preference amount, versus the average discount of 14.66% in the "Real Estate" category. Below is a dividend history chart for LFT.PRA, showing historical dividend payments on Lument Finance Trust Inc's 7.875% Series A Cumulative Redeemable Preferred Stock: In Friday trading, Lument Finance Trust Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (Symbol: LFT.PRA) is currently up about 0.7% on the day, while the common shares (Symbol: LFT) are up about 5.3%. Click here to find out the 50 highest yielding preferreds » Further LFT.PRA Research: Preferred Stock Ex-Dividend Calendar Historical PE Ratio Mergers and Acquisitions

Below is a dividend history chart for LFT.PRA, showing historical dividend payments on Lument Finance Trust Inc's 7.875% Series A Cumulative Redeemable Preferred Stock:

In Friday trading, Lument Finance Trust Inc's 7.875% Series A Cumulative Redeemable Preferred Stock (Symbol: LFT.PRA) is currently up about 0.7% on the day, while the common shares (Symbol: LFT) are up about 5.3%.