STAG Industrial Series B Cumulative Redeemable Preferred Stock Shares Cross 6.5% Yield Mark
May 03, 2016 at 16:08 PM EDT
In trading on Tuesday, shares of STAG Industrial Inc.'s 6.625% Series B Cumulative Redeemable Preferred Stock (STAG. RB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $25.43 on the day.