Pennsylvania Real Estate Investment Trust's Series C Preferred Shares Crosses Above 6% Yield Territory
February 27, 2020 at 14:53 PM EST
In trading on Thursday, shares of Pennsylvania Real Estate Investment Trust's 7.20% Series C Cumulative Redeemable Perpetual Preferred Shares (PEI. RC) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.80), with shares changing hands as low as $11.96 on the day.