Terreno Realty's Series A Preferred Stock Shares Cross 8% Yield Mark

In trading on Monday, shares of Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock (TRNO.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $23.83 on the day. This compares to an average yield of 7.81% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, TRNO.PRA was trading at a 2.80% discount to its liquidation preference amount, versus the average discount of 6.71% in the "Real Estate" category.

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The chart below shows the one year performance of TRNO.PRA shares, versus TRNO:

Performance Comparison Chart

Below is a dividend history chart for TRNO.PRA, showing historical dividend payments on Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock :

TRNO.PRA+Dividend+History+Chart

In Monday trading, Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock ( TRNO.PRA) is currently down about 1.9% on the day, while the common shares ( TRNO) are down about 0.8%.

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