In trading on Friday, shares of EPR Properties's 5.75% Series C Cumulative Convertible Preferred Shares (NYSE: EPR.PRC) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $28.08 on the day. This compares to an average yield of 7.03% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, EPR.PRC was trading at a 16.56% premium to its liquidation preference amount, versus the average premium of 0.58% in the "Real Estate" category. It should be noted that the preferred shares are convertible, with a conversion ratio of 0.3504.
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The chart below shows the one year performance of EPR.PRC shares, versus EPR:
Below is a dividend history chart for EPR.PRC, showing historical dividend payments on EPR Properties's 5.75% Series C Cumulative Convertible Preferred Shares:
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In Friday trading, EPR Properties's 5.75% Series C Cumulative Convertible Preferred Shares (NYSE: EPR.PRC) is currently down about 0.6% on the day, while the common shares (NYSE: EPR) are down about 1.2%.
