Markets

Colony Capital's Series B Preferred Stock Shares Cross 8% Yield Mark

In trading on Monday, shares of Colony Capital Inc's 8.25% Series B Cumulative Redeemable Preferred Stock (Symbol: CLNY.PRB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $25.75 on the day. This compares to an average yield of 6.80% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, CLNY.PRB was trading at a 3.36% premium to its liquidation preference amount, versus the average premium of 28.21% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for CLNY.PRB, showing historical dividend payments on Colony Capital Inc's 8.25% Series B Cumulative Redeemable Preferred Stock:

CLNY.PRB+Dividend+History+Chart

In Monday trading, Colony Capital Inc's 8.25% Series B Cumulative Redeemable Preferred Stock (Symbol: CLNY.PRB) is currently down about 0.1% on the day, while the common shares (Symbol: CLNY) are up about 0.2%.

Click here to find out the 50 highest yielding preferreds »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CLNY

Other Topics

Investing

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More