In trading on Monday, shares of Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock (TRNO.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $25.72 on the day. This compares to an average yield of 7.14% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, TRNO.PRA was trading at a 3.92% premium to its liquidation preference amount, versus the average premium of 0.66% in the "Real Estate" category.The chart below shows the one year performance of TRNO.PRA shares, versus TRNO:
Terreno Realty's Series A Preferred Stock Shares Cross 7.5% Yield Mark
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