Vornado Realty Trust's Series L Preferred Shares Cross 6% Yield Mark

In trading on Monday, shares of Vornado Realty Trust's 5.40% Series L Cumulative Redeemable Preferred Shares (VNO. RL) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.35), with shares changing hands as low as $22.50 on the day.