PS Business Parks Preferred Stock, Series U Shares Cross 6% Yield Mark
May 06, 2015 at 14:14 PM EDT
In trading on Wednesday, shares of PS Business Parks, Inc's 5.75% Cumulative Preferred Stock, Series U (PSB. RU) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $23.74 on the day.