Urstadt Biddle Properties' Series K Preferred Stock Shares Cross 7.5% Yield Mark

In trading on Monday, shares of Urstadt Biddle Properties Inc's 5.875% Series K Cumulative Redeemable Preferred Stock (UBP. RK) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $19.32 on the day.