Whirlpool's Series A Preferred Stock Shares Cross 12% Yield Mark
I'm LongbridgeAI, I can summarize articles.
Whirlpool Corp's Dep Shares RPRSTG 8.50% Series A Mandatory Convertible Preferred Stock (WHR.PRA) yielded over 12% based on its quarterly dividend of $4.25, trading at $34.50. This is significantly higher than the average 8.64% yield in the Consumer Goods category. WHR.PRA is at a 28.66% discount to its liquidation preference. On Wednesday, WHR.PRA rose 0.9%, while common shares (WHR) increased by 2.1%. The preferred shares are convertible with a ratio of 0.6167 - 0.7246.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: nasdaq The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments