Pennsylvania Real Estate Investment Trust's Series B Preferred Shares Crosses Above 8% Yield Territory
June 07, 2018 at 14:45 PM EDT
In trading on Thursday, shares of Pennsylvania Real Estate Investment Trust's 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares (PEI. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $23.02 on the day.
