Pennsylvania Real Estate Investment Trust's Series B Preferred Shares Cross 7% Yield Mark

In trading on Thursday, shares of Pennsylvania Real Estate Investment Trust's 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares (PEI. RB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $25.85 on the day.