American Tower's Preferred Stock, Series B Crosses Above 5% Yield Territory
July 11, 2016 at 14:08 PM EDT
In trading on Monday, shares of American Tower Corp's 5.50% Mandatory Convertible Preferred Stock, Series B (AMT. RB) were yielding above the 5% mark based on its quarterly dividend (annualized to $5.50), with shares changing hands as low as $109.50 on the day.
