SL Green Realty Series I Cumulative Redeemable Preferred Stock Crosses Above 6.5% Yield Territory

In trading on Friday, shares of SL Green Realty Corp.'s 6.50% Series I Cumulative Redeemable Preferred Stock (NYSE: SLG.PRI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $24.79 on the day. This compares to an average yield of 6.96% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, SLG.PRI was trading at a 1.84% premium to its liquidation preference amount, versus...