In trading on Friday, shares of JPMorgan Chase & Co's 4.75% Dep Shares Non-Cumulative Preferred Stock Series GG (Symbol: JPM.PRJ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $21.42 on the day. This compares to an average yield of 6.50% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, JPM.PRJ was trading at a 12.92% discount to its liquidation preference amount, versus the average discount of 6.93% 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.
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UIS shares outstanding history
The chart below shows the one year performance of JPM.PRJ shares, versus JPM:
Below is a dividend history chart for JPM.PRJ, showing historical dividend payments on JPMorgan Chase & Co's 4.75% Dep Shares Non-Cumulative Preferred Stock Series GG:
In Friday trading, JPMorgan Chase & Co's 4.75% Dep Shares Non-Cumulative Preferred Stock Series GG (Symbol: JPM.PRJ) is currently off about 1.5% on the day, while the common shares (Symbol: JPM) are down about 0.6%.
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UIS shares outstanding history
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