Gramercy Property Trust's Series A Preferred Stock Yield Pushes Past 7%
May 24, 2018 at 14:07 PM EDT
In trading on Thursday, shares of Gramercy Property Trust's 8.125% Series A Cumulative Redeemable Preferred Stock (GPT. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $25.40 on the day.