Cedar Realty Trust's Series B Preferred Stock Crosses Above 7.5% Yield Territory
March 22, 2017 at 14:32 PM EDT
In trading on Wednesday, shares of Cedar Realty Trust, Inc.'s 7.25% Series B Cumulative Redeemable Preferred Stock (CDR. RB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $24.15 on the day.