CoreSite Realty's Series A Preferred Stock Shares Cross 7% Yield Mark

In trading on Thursday, shares of CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock (COR.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $25.71 on the day. This compares to an average yield of 6.90% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, COR.PRA was trading at a 3.80% premium to its liquidation preference amount, versus the average premium of 2.22% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for COR.PRA, showing historical dividend payments on CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock:

COR.PRA+Dividend+History+Chart

In Thursday trading, CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock ( COR.PRA) is currently off about 0.8% on the day, while the common shares ( COR) are down about 1.2%.

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