Investors Real Estate Trust's Series B Preferred Shares Yield Pushes Past 7.5%

In trading on Wednesday, shares of Investors Real Estate Trust's 7.95% Series B Cumulative Redeemable Preferred Shares (IRET. RB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9875), with shares changing hands as low as $26.27 on the day.