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Colony Capital Series J Cumulative Redeemable Perpetual Preferred Stock Yield Pushes Past 7.5%

In trading on Wednesday, shares of Colony Capital Inc's 7.125% Series J Cumulative Redeemable Perpetual Preferred Stock (CLNY. RJ) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $23.41 on the day.
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