Alexandria Real Estate Equities' Series E Preferred Stock Shares Cross 6.5% Yield Mark
November 14, 2016 at 14:11 PM EST
In trading on Monday, shares of Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock (ARE. RE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.6125), with shares changing hands as low as $24.40 on the day.