Pennsylvania Real Estate Investment Trust's Series B Preferred Shares Crosses Above 7% Yield Territory

In trading on Friday, shares of Pennsylvania Real Estate Investment Trust's 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares (PEI. RB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $26.30 on the day.