In trading on Monday, shares of Ramco-Gershenson Properties Trust's 7.25% Series D Cumulative Convertible Perpetual Preferred Shares (RPT.PRD) were yielding above the 7% mark based on its quarterly dividend (annualized to $3.625), with shares changing hands as low as $50.40 on the day. This compares to an average yield of 6.93% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, RPT.PRD was trading at a 3.78% premium to its liquidation preference amount, versus the average premium of 0.16% in the "Real Estate" category. It should be noted that the preferred shares are convertible, with a conversion ratio of 3.4699.

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The chart below shows the one year performance of RPT.PRD shares, versus RPT:

Performance Comparison Chart

Below is a dividend history chart for RPT.PRD, showing historical dividend payments on Ramco-Gershenson Properties Trust's 7.25% Series D Cumulative Convertible Perpetual Preferred Shares:

RPT.PRD+Dividend+History+Chart

In Monday trading, Ramco-Gershenson Properties Trust's 7.25% Series D Cumulative Convertible Perpetual Preferred Shares ( RPT.PRD) is currently off about 1.1% on the day, while the common shares ( RPT - Get Report) are down about 1.1%.