In trading on Thursday, shares of PS Business Parks, Inc's 5.70% Cumulative Preferred Stock, Series V (PSB.PRV) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.425), with shares changing hands as low as $18.75 on the day. This compares to an average yield of 7.79% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSB.PRV was trading at a 23.04% discount to its liquidation preference amount, versus the average discount of 6.49% in the "Real Estate" category.
The chart below shows the one year performance of PSB.PRV shares, versus PSB:
Below is a dividend history chart for PSB.PRV, showing historical dividend payments on PS Business Parks, Inc's 5.70% Cumulative Preferred Stock, Series V :