ADAMN: Adamas Trust Inc 8% Series D Preferred Stock
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.