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.

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