PS Business Parks' Preferred Stock, Series U Shares Cross 5.5% Yield Mark
August 10, 2016 at 15:51 PM EDT
In trading on Wednesday, shares of PS Business Parks, Inc's 5.75% Cumulative Preferred Stock, Series U (PSB. RU) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $26.08 on the day.