Shares of SL Green Realty Corp’s 6.50% Series I Cumulative Redeemable Preferred Stock (SLG.PRI) were yielding above 7.5% based on its quarterly dividend of $1.625, trading as low as $21.64. The stock was at a 12.84% discount to its liquidation preference amount. In Friday trading, SLG.PRI was down 0.7%, while common shares (SLG) were up 0.6%. The one-year performance comparison of SLG.PRI and SLG is shown in the chart. Historical dividend payments for SLG.PRI are also displayed. The average yield in the “Real Estate” preferred stock category is 8.07%.

Read more at Nasdaq: SL Green Realty’s Series I Preferred Stock Crosses Above 7.5% Yield Territory