Health Care REIT's Series I Preferred Stock Shares Cross 5.5% Yield Mark
September 12, 2014 at 14:10 PM EDT
In trading on Friday, shares of Health Care REIT Inc.'s 6.50% Series I Cumulative Convertible Perpetual Preferred Stock (HCN. RI) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $3.25), with shares changing hands as low as $58.61 on the day.