STAG Industrial's Series B Preferred Stock Crosses Above 6.5% Yield Territory
November 20, 2015 at 14:46 PM EST
In trading on Friday, 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 $25.40 on the day.