In trading on Friday, shares of Compass Diversified's 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares (Symbol: CODI.PRB) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $21.78 on the day. This compares to an average yield of 8.92% in the "Consumer Goods" preferred stock category, according to Preferred Stock Channel. As of last close, CODI.PRB was trading at a 12.36% discount to its liquidation preference amount, versus the average discount of 11.47% in the "Consumer Goods" category.
Below is a dividend history chart for CODI.PRB, showing historical dividend payments on Compass Diversified's 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares:
In Friday trading, Compass Diversified's 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares (Symbol: CODI.PRB) is currently down about 0.2% on the day, while the common shares (Symbol: CODI) are up about 0.6%.
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Further CODI.PRB Research:
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