On Thursday, Atlas Corphares’s 7.875% Series H Cumulative Redeemable Perpetual Preferred Shares (Symbol: ATCO.PRH) were yielding above 9% based on its quarterly dividend (annualized to $1.9688). The shares traded as low as $21.87 that day. This is higher than the average yield of 7.70% in the “Shipping” preferred stock category according to Preferred Stock Channel. As of the last close, ATCO.PRH traded at a 12.32% discount to its liquidation preference amount, compared to the average discount of 8.20% in the “Shipping” category.
See the dividend history chart below for ATCO.PRH showing historical dividend payments on Atlas Corphares’s 7.875% Series H Cumulative Redeemable Perpetual Preferred Shares:
On Thursday, Atlas Corphares’s 7.875% Series H Cumulative Redeemable Perpetual Preferred Shares (Symbol: ATCO.PRH) traded flat on the day, while the common shares (Symbol: ATCO) also traded flat.
For the 50 highest yielding preferreds, visit Preferred Stock Channel.
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