City Office REIT's Series A Preferred Stock Shares Cross 7% Yield Mark

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 7% mark based on its quarterly dividend (annualized to $1.6562), with shares changing hands as low as $23.47 on the day.