WHLRP

Closed

Wheeler Real Estate Investment Trust Inc Pref

2.9117

-0.0583 (-1.96%)

Last Update: 15 Jan 2025 00:00:00

Yesterday: 2.97

Day's Range: 2.6 - 3.1

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When Written:

1.5

Wheeler Real Estate Investment Trust Inc Pref is a preferred stock issued by Wheeler Real Estate Investment Trust, Inc. It is listed on the NASDAQ stock exchange under the ticker symbol "WHLRP". The preferred stock has a fixed dividend rate of 9% per annum and is cumulative, meaning that if the company misses a dividend payment, it must make it up before paying any dividends on its common stock. The preferred stock is also convertible into common stock at a conversion price of $7.50 per share. The preferred stock has no maturity date and can be redeemed at the company's option after five years from the date of issuance. As of August 2021, the company had issued 2.2 million shares of its preferred stock.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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