In trading on Thursday, shares of Urstadt Biddle Properties Inc's 7.125% Series F Cumulative Redeemable Preferred Stock (UBP.PRF) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.40 on the day. This compares to an average yield of 6.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, UBP.PRF was trading at a 2.28% premium to its liquidation preference amount, versus the average premium of 0.99% in the "Real Estate" category.
Urstadt Biddle Properties Series F Cumulative Redeemable Preferred Stock Shares Cross 7% Yield Mark
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