PS Business Parks' Preferred Stock, Series V Crosses Above 5.5% Yield Territory
May 04, 2016 at 14:08 PM EDT
In trading on Wednesday, shares of PS Business Parks, Inc's 5.70% Cumulative Preferred Stock, Series V (PSB. RV) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.425), with shares changing hands as low as $25.75 on the day.