Urstadt Biddle Properties Series D Senior Cumulative Preferred Stock Yield Pushes Past 7%

In trading on Monday, shares of Urstadt Biddle Properties Inc's 7.5% Series D Senior Cumulative Preferred Stock (NYSE: UBP.PRD) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $26.47 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, UBP.PRD was trading at a 8.68% premium to its liquidation preference amount, versu...