Urstadt Biddle Properties' Series K Preferred Stock Shares Cross 6.5% Yield Mark
October 30, 2020 at 14:26 PM EDT
In trading on Friday, shares of Urstadt Biddle Properties Inc's 5.875% Series K Cumulative Redeemable Preferred Stock (UBP. RK) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $22.54 on the day.