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September 01, 2020 1:37pm
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Pennsylvania Real Estate Investment Trust's Series B Preferred Shares Yield Pushes Past 15.5%

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.
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