Jernigan Capital's Series B Preferred Stock Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Jernigan Capital Inc's 7.00% Series B Cumulative Redeemable Perpetual Preferred Stock (JCAP. RB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.96 on the day.