City Office REIT's Series A Preferred Stock Yield Pushes Past 8.5%

In trading on Tuesday, shares of City Office REIT Inc's 6.625% Series A Cumulative Redeemable Preferred Stock (CIO. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $19.15 on the day.