AH Realty Trust preferred shares yield 7.95% with strong dividend coverage and NAV above market price

AH Realty Trust (AHRT) offers preferred shares with a 7.95% yield, supported by strong dividend coverage requiring only 17%-20% of pre-dividend funds. The estimated net asset value (NAV) per share is around $10, significantly higher than the current market price, indicating potential undervaluation. The company could further improve its financial position by monetizing its multifamily portfolio and possibly cutting dividends, which would strengthen its balance sheet and investment appeal. This makes AHRT preferred shares an attractive option for investors seeking stable income and capital appreciation.