trno

Terreno Realty's Series A Preferred Stock Shares Cross 7.5% Yield Mark

Shutterstock photo

Shutterstock photo

In trading on Friday, shares of Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock (Symbol: TRNO.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $25.56 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, TRNO.PRA was trading at a 3.96% premium to its liquidation preference amount, versus the average premium of 3.03% in the "Real Estate" category.

The chart below shows the one year performance of TRNO.PRA shares, versus TRNO:

Performance Comparison Chart

Below is a dividend history chart for TRNO.PRA, showing historical dividend payments on Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock :

TRNO.PRA+Dividend+History+Chart

In Friday trading, Terreno Realty Corp's 7.75% Series A Cumulative Redeemable Preferred Stock (Symbol: TRNO.PRA) is currently off about 0.2% on the day, while the common shares (Symbol: TRNO) are down about 0.3%.

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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