A Closer Look at Franklin BSP Realty Trust's 7.50% Series E Cumulative Preferred

Franklin BSP Realty Trust's 7.50% Series E Cumulative Preferred (FBRT.PR.E) has a unique profile compared to other 8% yielders. The preferred stock has a fixed dividend rate, while others may have floating rates or non-cumulative dividends. Additionally, Franklin BSP Realty's business model and investment strategy are different from those of other preferred issuers, which could impact its performance and dividend payments.