Urstadt Biddle's Series D Preferred Stock Shares Cross 7.5% Yield Mark

In trading on Tuesday, shares of Urstadt Biddle Properties Inc's 7.5% Series D Senior Cumulative Preferred Stock ( UBP.PRD) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $24.77 on the day. This compares to an average yield of 7.67% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, UBP.PRD was trading at a 0.80% premium to its liquidation preference amount, versus the average discount of 5.07% in the "Real Estate" category.

The chart below shows the one year performance of UBP.PRD shares, versus UBP:

Performance Comparison Chart

Below is a dividend history chart for UBP.PRD, showing historical dividend payments on Urstadt Biddle Properties Inc's 7.5% Series D Senior Cumulative Preferred Stock:

UBP.PRD+Dividend+History+Chart

In Tuesday trading, Urstadt Biddle Properties Inc's 7.5% Series D Senior Cumulative Preferred Stock ( UBP.PRD) is currently off about 1.6% on the day, while the common shares ( UBP) are trading flat.

If you liked this article you might like

3 Buy-Rated Dividend Stocks Taking The Lead: UBCP, UBP, NHI

3 Stocks Pushing The Real Estate Industry Lower

3 Stocks Pushing The Real Estate Industry Lower

Urstadt Biddle Properties Series F Preferred Stock Yield Pushes Past 6.5%

3 Stocks Pushing The Real Estate Industry Lower