 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PARTNER NEWS:
Mon, May 6, 7:59 AM, Zacks
Thu, May 2, 8:01 AM, Zacks
Featured MNV Articles:
| Jackson Financial's Series A Preferred Stock Shares Cross 7.5% Yield MarkBy Preferred Stock Channel Staff, Tuesday, March 5, 2:34 PM ET
In trading on Tuesday, shares of Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock (NYSE:JXN.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.65 on the day. This compares to an average yield of 6.74% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, JXN.PRA was trading at a 7.12% premium to its liquidation preference amount, versus the average discount of 10.20% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of JXN.PRA shares, versus JXN:
Below is a dividend history chart for JXN.PRA, showing historical dividend payments on Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock:
Free Report: Top 8%+ Dividends (paid monthly) In Tuesday trading, Jackson Financial Inc's Dep Shares Reset Rate Series A Preferred Stock (NYSE:JXN.PRA) is currently up about 0.1% on the day, while the common shares (NYSE:JXN) are up about 2.5%.
This Article's Word Cloud:
Arial
Below
Channel
Dividends
Financial
Free
Investors
Jackson
Juicy
More
NYSE
Preferred
Rate
Report
Reset
Series
Shares
Start
Stock
Stocks
This
Tuesday
Where
Yields
about
above
according
afterLeftLabels
amount
annualized
average
axisColor
background
balance
based
before
beforeLeftLabels
below
category
chart
common
dividend
escape
fillColor
missed
preferred
shares
that
trading
versus
|
Play Video:
The Importance of Dividends
Free Email Alerts By Stock:
Start slideshow: