SITE Centers's Preferred Shares Crosses Above 7% Yield Territory

In trading on Tuesday, shares of SITE Centers Corp's 6.375% Dep Shares Cl A Cumul Redeemable Preferred Shares (SITC. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $22.70 on the day.