In trading on Tuesday, shares of Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series CC (TSX: CU-PRF.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.125), with shares changing hands as low as $20.40 on the day. As of last close, CU.PRF was trading at a 17.60% discount to its liquidation preference amount.
The chart below shows the one year performance of CU.PRF shares, versus CU:
Below is a dividend history chart for CU.PRF, showing historical dividend payments on Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series CC:
In Tuesday trading, Canadian Utilities Limited's Cumulative Redeemable Second Preferred Shares Series CC (TSX: CU-PRF.TO ) is currently down about 0.9% on the day, while the common shares (TSX: CU.TO ) are off about 2.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.