STAG Industrial's Series A Cumulative Redeemable Preferred Stock Yield Pushes Past 8%

In trading on Monday, shares of STAG Industrial Inc.'s 9.0% Series A Cumulative Redeemable Preferred Stock (NYSE: STAG.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $27.84 on the day. This compares to an average yield of 6.10% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, STAG.PRA was trading at a 13.28% premium to its liquidation preference amount, versus t...