Markets

QTS Realty Trust's Series A Preferred Stock Crosses Above 7% Yield Territory

In trading on Thursday, shares of QTS Realty Trust Inc's 7.125% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: QTS.PRA) 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. This compares to an average yield of 6.77% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, QTS.PRA was trading at a 1.88% premium to its liquidation preference amount, versus the average premium of 34.83% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for QTS.PRA, showing historical dividend payments on QTS Realty Trust Inc's 7.125% Series A Cumulative Redeemable Perpetual Preferred Stock:

QTS.PRA+Dividend+History+Chart

In Thursday trading, QTS Realty Trust Inc's 7.125% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: QTS.PRA) is currently up about 0.3% on the day, while the common shares (Symbol: QTS) are up about 0.1%.

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.

In This Story

QTS.PRA QTS

Latest Markets Videos