In trading on Thursday, shares of EPR Properties's 9.00% Series E Cumulative Convertible Preferred Shares (Symbol: EPR.PRE) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $26.46 on the day. This compares to an average yield of 8.35% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, EPR.PRE was trading at a 5.96% premium to its liquidation preference amount, versus the average discount of 19.62% in the "Real Estate" category. It should be noted that the preferred shares are convertible, with a conversion ratio of 0.4512.
The chart below shows the one year performance of EPR.PRE shares, versus EPR:
Below is a dividend history chart for EPR.PRE, showing historical dividend payments on EPR Properties's 9.00% Series E Cumulative Convertible Preferred Shares:
In Thursday trading, EPR Properties's 9.00% Series E Cumulative Convertible Preferred Shares (Symbol: EPR.PRE) is currently off about 0.1% on the day, while the common shares (Symbol: EPR) are down about 1.1%.
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