Vornado Realty Trust's Series M Preferred Shares Cross 5% Yield Mark

In trading on Tuesday, shares of Vornado Realty Trust's 5.25% Series M Cumulative Redeemable Preferred Shares (VNO. RM) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $26.12 on the day.