Cedar Realty Trust's Series B Preferred Stock Crosses Above 7.5% Yield Territory

In trading on Wednesday, shares of Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock (CDR.PRB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $24.06 on the day. This compares to an average yield of 7.28% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, CDR.PRB was trading at a 3.04% discount to its liquidation preference amount, versus the average discount of 1.19% in the "Real Estate" category.

The chart below shows the one year performance of CDR.PRB shares, versus CDR:

Performance Comparison Chart

Below is a dividend history chart for CDR.PRB, showing historical dividend payments on Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock :

CDR.PRB+Dividend+History+Chart

In Wednesday trading, Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock ( CDR.PRB) is currently up about 0.5% on the day, while the common shares ( CDR) are up about 0.2%.

More from Stocks

Stacey Cunningham: From Intern to Head of the New York Stock Exchange

Stacey Cunningham: From Intern to Head of the New York Stock Exchange

China Gives Tesla, Ford, General Motors and Trump One Awesome Present

China Gives Tesla, Ford, General Motors and Trump One Awesome Present

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

The Great American Supermarket No Longer Reigns Supreme

The Great American Supermarket No Longer Reigns Supreme

Kroger CEO: Even in the Age of Amazon, Physical Stores Will Still Be Important

Kroger CEO: Even in the Age of Amazon, Physical Stores Will Still Be Important