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DuPont Fabros Technology's Series B Preferred Stock Yield Pushes Past 7.5%

In trading on Thursday, shares of DuPont Fabros Technology's 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (Symbol: DFT.PRB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9062), with shares changing hands as low as $25.41 on the day. This compares to an average yield of 7.11% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, DFT.PRB was trading at a 2.24% premium to its liquidation preference amount, versus the average premium of 0.81% in the "Real Estate" category.

The chart below shows the one year performance of DFT.PRB shares, versus DFT:

Performance Comparison Chart

Below is a dividend history chart for DFT.PRB, showing historical dividend payments on DuPont Fabros Technology's 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock :

DFT.PRB+Dividend+History+Chart

In Thursday trading, DuPont Fabros Technology's 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (Symbol: DFT.PRB) is currently off about 0.5% on the day, while the common shares (Symbol: DFT) are down about 1.1%.

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.

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