Canadian Utilities’ Preferred Shares, Series 4, Cross 4.5% Yield Mark

0
11


In trading on Wednesday, shares of Canadian Utilities Ltd’s Cumulative Redeemable Preferred Shares Series 4 (TSX: CIU-PRC.TO) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $0.573), with shares changing hands as low as $12.72 on the day. As of last close, CIU.PRC was trading at a 49.00% discount to its liquidation preference amount.

The chart below shows the one year performance of CIU.PRC shares, versus CU:


Below is a dividend history chart for CIU.PRC, showing historical dividend payments on Canadian Utilities Ltd’s Cumulative Redeemable Preferred Shares Series 4:

CIU.PRC+Dividend+History+Chart


In Wednesday trading, Canadian Utilities Ltd’s Cumulative Redeemable Preferred Shares Series 4 (TSX: CIU-PRC.TO) is currently down about 0.2% on the day, while the common shares (TSX: CU.TO) are up about 0.6%.

Also see:

• NUN Videos
• QFIN Options Chain
• Funds Holding DNOV

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here