Pennsylvania Real Estate Investment Trust's Series B Preferred Shares Yield Pushes Past 15.5%
June 09, 2020 at 14:08 PM EDT
In trading on Tuesday, shares of Pennsylvania Real Estate Investment Trust's 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares (PEI. RB) were yielding above the 15.5% mark based on its quarterly dividend (annualized to $1.8438), with shares changing hands as low as $9.39 on the day.