Urstadt Biddle Properties' Series G Preferred Stock Yield Pushes Past 6.5%

In trading on Monday, shares of Urstadt Biddle Properties Inc's 6.75% Series G Cumulative Redeemable Preferred Stock (UBP.PRG) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $25.81 on the day. This compares to an average yield of 6.82% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, UBP.PRG was trading at a 4.92% premium to its liquidation preference amount, versus the average premium of 2.12% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for UBP.PRG, showing historical dividend payments on Urstadt Biddle Properties Inc's 6.75% Series G Cumulative Redeemable Preferred Stock:

UBP.PRG+Dividend+History+Chart

In Monday trading, Urstadt Biddle Properties Inc's 6.75% Series G Cumulative Redeemable Preferred Stock ( UBP.PRG) is currently down about 0.1% on the day, while the common shares ( UBP) are up about 0.8%.

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