Forbes -
15 Nov 2012 21:20

In trading on Thursday, shares of Public Storage's 6.5% Cumulative Preferred Share of Beneficial Interest, Series Q (NYSE: PSA.PRQ) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $25.99 on the day. This compares to an average yield of 6.21% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSA.PRQ was trading at a 10.56% premium to its liquidation preference amount, ...
Share this Article