American Realty Capital Properties Series F Preferred Stock Shares Cross 7% Yield Mark

In trading on Monday, shares of American Realty Capital Properties Inc's 6.70% Series F Cumulative Redeemable Preferred Stock (ARCPP) were yielding above the 7% mark based on its monthly dividend (annualized to $1.675), with shares changing hands as low as $23.83 on the day. This compares to an average yield of 6.84% in the "REITs" preferred stock category, according to Preferred Stock Channel..