In trading on Tuesday, shares of Selective Insurance Group Inc's 4.60% Dep Shares Non-Cumul Prfd Stock Ser B (Symbol: SIGIP) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.15), with shares changing hands as low as $18.99 on the day. This compares to an average yield of 6.43% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, SIGIP was trading at a 23.00% discount to its liquidation preference amount, versus the average discount of 6.15% 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.
Institutional Holders of PAVM
ATKR Historical Stock Prices
Below is a dividend history chart for SIGIP, showing historical dividend payments on Selective Insurance Group Inc's 4.60% Dep Shares Non-Cumul Prfd Stock Ser B:
In Tuesday trading, Selective Insurance Group Inc's 4.60% Dep Shares Non-Cumul Prfd Stock Ser B (Symbol: SIGIP) is currently off about 1.3% on the day, while the common shares (Symbol: SIGI) are up about 0.4%.
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Top Monthly Dividend Paying Stocks Institutional Holders of PAVM
ATKR Historical Stock Prices
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