 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Lexington Realty Trust's Series C Preferred Stock Shares Cross 5.5% Yield MarkBy Preferred Stock Channel Staff, Thursday, April 15, 2:22 PM ET
In trading on Thursday, shares of Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (NYSE:LXP.PRC) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $3.25), with shares changing hands as low as $59.04 on the day. This compares to an average yield of 6.41% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, LXP.PRC was trading at a 18.92% premium to its liquidation preference amount, versus the average premium of 4.37% in the "Real Estate" category. It should be noted that the preferred shares are convertible, with a conversion ratio of 1.8643. The chart below shows the one year performance of LXP.PRC shares, versus LXP:
Below is a dividend history chart for LXP.PRC, showing historical dividend payments on Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock:
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Thursday trading, Lexington Realty Trust's 6.50% Series C Cumulative Convertible Preferred Stock (NYSE:LXP.PRC) is currently off about 0.3% on the day, while the common shares (NYSE:LXP) are up about 1.1%.
This Article's Word Cloud:
Arial
Below
Channel
Convertible
Cumulative
Dividend
Estate
Juicy
Lexington
More
NYSE
Newsletter
Offer
Preferred
Premium
Real
Realty
Receive
Series
Special
Start
Stock
Stocks
This
Thursday
Trust
Where
Yields
about
above
according
afterLeftLabels
afternoon
amount
annualized
average
axisColor
background
based
category
chart
dividend
escape
fillColor
preferred
premium
shares
trading
versus
with
|
Play Video:
The Importance of Dividends
Free Email Alerts By Stock:
Start slideshow: