NorthStar Realty Finance's Series B Preferred Stock Crosses Above 8.5% Yield Territory

In trading on Friday, shares of NorthStar Realty Finance Corp's 8.25% Series B Cumulative Redeemable Preferred Stock (NRF. RB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $24.25 on the day.