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

In trading on Wednesday, shares of Urstadt Biddle Properties Inc's 7.125% Series F Cumulative Redeemable Preferred Stock (UBP.PRF) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $26.30 on the day. This compares to an average yield of 6.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, UBP.PRF was trading at a 9.96% premium to its liquidation preference amount, versus the average premium of 4.32% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for UBP.PRF, showing historical dividend payments on Urstadt Biddle Properties Inc's 7.125% Series F Cumulative Redeemable Preferred Stock:

UBP.PRF+Dividend+History+Chart

In Wednesday trading, Urstadt Biddle Properties Inc's 7.125% Series F Cumulative Redeemable Preferred Stock ( UBP.PRF) is currently off about 4.3% on the day, while the common shares ( UBP) are off about 0.9%.

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