Armada Hoffler Properties' Series A Preferred Stock Crosses Above 7% Yield Territory

In trading on Tuesday, shares of Armada Hoffler Properties Inc's 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock (AHH. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $24.06 on the day.
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