iStar Financial's Series G Preferred Stock Shares Cross 10% Yield Mark

In trading on Thursday, shares of iStar Financial Inc's 7.65% Series G Cumulative Redeemable Preferred Stock (NYSE: SFI.PRG) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.9125), with shares changing hands as low as $18.87 on the day. This compares to an average yield of 7.18% in the "REITs" preferred stock category, according to Preferred Stock Channel. As of last close, SFI.PRG was trading at a 22.44% discount to its liquidation preference amount, versus the...