Shares of Rexford Industrial Realty Inc’s 5.625% Series C Cumulative Redeemable Preferred Stock (REXR.PRC) were yielding above 6.5%, with a quarterly dividend of $1.4063 and trading as low as $21.56 on Tuesday. Compared to the 8.28% average yield in the “Real Estate” preferred stock category, REXR.PRC was trading at a 12.76% discount to its liquidation preference amount. In Tuesday trading, REXR.PRC was up 0.3%, while common shares (REXR) were down 0.1%. This information is based on data from Preferred Stock Channel and Nasdaq, Inc.

Read more at Nasdaq.: Rexford Industrial Realty’s Series C Preferred Stock Shares Cross 6.5% Yield Mark