STAG Industrial's Series C Preferred Stock Crosses Above 6.5% Yield Territory
September 16, 2019 at 15:51 PM EDT
In trading on Monday, shares of STAG Industrial Inc's 6.875% Series C Cumulative Redeemable Preferred Stock (STAG. RC) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $26.40 on the day.