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Rexford Industrial: The 6.6% Yielding Preferred Shares Are Worth A Look
REXRRexford Industrial Realty(REXR) Seeking Alpha·2024-08-14 22:30

Feverpitched/iStock via Getty Images Introduction Rexford Industrial (NYSE:REXR) is one of the favorite REITs here on Seeking Alpha. And while most authors focus on the potential capital gains and dividend yield of the common units, I discussed the REIT's preferred shares in an article last year. As the REIT has published financial results on four more quarters since my previous article was published, I thought it's about time to review the REIT's financial performance to see if the preferred shares still o ...