Regency Centers' Series A Preferred Stock Shares Cross 6.5% Yield Mark

In trading on Monday, shares of Regency Centers Corp's 6.250% Series A Cumulative Redeemable Preferred Stock (Symbol: REGCP) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $23.93 on the day. This compares to an average yield of 7.73% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, REGCP was trading at a 3.72% discount to its liquidation preference amount, versus the averag ...