Wheeler Real Estate Investment Trust's Series B Preferred Stock Shares Cross 9.5% Yield Mark

In trading on Friday, shares of Wheeler Real Estate Investment Trust, Inc.'s Series B Preferred Stock (WHLRP) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $22.56 on the day. This compares to an average yield of 7.19% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..