Retail Properties of America's Series A Preferred Stock Shares Cross 7% Yield Mark
October 15, 2014 at 14:53 PM EDT
In trading on Wednesday, shares of Retail Properties of America, Inc's 7.00% Series A Cumulative Redeemable Preferred Stock (RPAI. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.90 on the day.