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ADAMN: Adamas Trust Inc 8% Series D Preferred Stock

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Adamas Trust Inc's ADAMN is an exchange-traded preferred stock in the Real Estate Investment Trusts sector. At a recent price of $23.79, ADAMN yields 8.41% on its $25 liquidation preference and 8% coupon. It trades at a discount of 4.8% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2027-10-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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