Inland Real Estate Corp's Series A Cumulative Redeemable Preferred Stock Yield Pushes Past 8%

In trading on Wednesday, shares of Inland Real Estate Corp's 8.125% Series A Cumulative Redeemable Preferred Stock (NYSE: IRC.PRA) were yielding above the 8% mark based on its monthly dividend (annualized to $2.0313), with shares changing hands as low as $25.25 on the day. This compares to an average yield of 6.39% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, IRC.PRA was trading at a 4.40% premium to its liquidation preference amount, ver...