In trading on Wednesday, shares of Sabra Health Care REIT Inc's 7.125% Series A Cumulative Redeemable Preferred Stock (SBRAP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $23.74 on the day. This compares to an average yield of 7.69% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, SBRAP was trading at a 3.48% discount to its liquidation preference amount, versus the average discount of 5.23% in the "Real Estate" category.The chart below shows the one year performance of SBRAP shares, versus SBRA:
Sabra Health Care REIT's Series A Preferred Stock Yield Pushes Past 7.5%
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