Corporate Office Properties Trust's Series L Cumulative Preferred Shares Yield Pushes Past 7%

In trading on Monday, shares of Corporate Office Properties Trust's 7.375% Series L Cumulative Preferred Shares (NYSE: OFC.PRL) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8436), with shares changing hands as low as $26.02 on the day. This compares to an average yield of 6.32% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, OFC.PRL was trading at a 8.32% premium to its liquidation preference amount, vers...