Lexington Realty Trust's Series C Preferred Stock Crosses Above 6.5% Yield Territory
April 27, 2015 at 14:09 PM EDT
In trading on Monday, shares of Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (LXP. RC) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $3.25), with shares changing hands as low as $49.35 on the day.