Post Properties's Series A Preferred Shares Crosses Above 6.5% Yield Territory
August 25, 2015 at 14:40 PM EDT
In trading on Tuesday, shares of Post Properties, Inc.'s 8 1/2% Series A Cumulative Redeemable Preferred Shares (PPS. RA) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $4.25), with shares changing hands as low as $65.21 on the day.