Markets
COR

CoreSite Realty's Series A Preferred Stock Shares Cross 7% Yield Mark

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Wednesday, shares of CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: COR.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.8125), with shares changing hands as low as $25.86 on the day. This compares to an average yield of 6.86% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, COR.PRA was trading at a 3.68% premium to its liquidation preference amount, versus the average premium of 3.13% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for COR.PRA, showing historical dividend payments on CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock:

COR.PRA+Dividend+History+Chart

In Wednesday trading, CoreSite Realty Corp.'s 7.25% Series A Cumulative Redeemable Preferred Stock (Symbol: COR.PRA) is currently off about 0.2% on the day, while the common shares (Symbol: COR) are up about 2.4%.

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

COR

Latest Markets Videos