Power REIT's Series A Preferred Stock Yield Pushes Past 7.5%
August 17, 2016 at 14:18 PM EDT
In trading on Wednesday, shares of Power REIT's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock (PW. RA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.935), with shares changing hands as low as $25.36 on the day.
