Realty Income Corp.'s Monthly Income Class E Cumulative Redeemable Preferred Stock Crosses Above 6.5% Yield Territory

In trading on Wednesday, shares of Realty Income Corp.'s 6.75% Monthly Income Class E Cumulative Redeemable Preferred Stock (NYSE: O.PRE) were yielding above the 6.5% mark based on its monthly dividend (annualized to $1.6875), with shares changing hands as low as $25.66 on the day. This compares to an average yield of 6.94% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, O.PRE was trading at a 4.64% premium to its liquidation preference amou...