Omega Healthcare Investors (ticker symbol, OHI) pays a dividend on its Series B preferred stock of $0.539 per quarter.
If the price of Series B preferred stock is $25 per share, what quarterly rate of return does the market require on this stock, and what is the effective annual required return?If the price of Series B preferred stock is $25 per share, what quarterly rate of return does the market require on this stock, and what is the effective annual required return?