In trading on Monday, shares of Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 (Symbol: BCS.PRD) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0312), with shares changing hands as low as $24.80 on the day. This compares to an average yield of 5.75% in the "Financial" preferred stock category, according to Preferred Stock Channel . As of last close, BCS.PRD was trading at a 2.00% premium to its liquidation preference amount, versus the average premium of 2.01% 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.
Below is a dividend history chart for BCS.PRD, showing historical dividend payments on Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 :
In Monday trading, Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 5 (Symbol: BCS.PRD) is currently off about 1.8% on the day, while the common shares (Symbol: BCS) are off about 5.9%.
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