In trading on Tuesday, shares of Compass Diversified's 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares (Symbol: CODI.PRB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $24.52 on the day. This compares to an average yield of 7.54% in the "Consumer Goods" preferred stock category, according to Preferred Stock Channel. As of last close, CODI.PRB was trading at a 0.80% discount to its liquidation preference amount, versus the average discount of 5.85% 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 Tuesday trading, Compass Diversified's 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares (Symbol: CODI.PRB) is currently off about 1.1% on the day, while the common shares (Symbol: CODI) are off about 0.4%.
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