CODI.PRB

Compass Diversified's Series B Preferred Shares Yield Pushes Past 8%

In trading on Wednesday, 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 $24.59 on the day. This compares to an average yield of 21.61% in the "Consumer Goods" preferred stock category, according to Preferred Stock Channel. As of last close, CODI.PRB was trading at a 1.00% discount to its liquidation preference amount, versus the average discount of 10.50% in the "Consumer Goods" category.

Performance Comparison Chart

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:

CODI.PRB+Dividend+History+Chart

In Wednesday trading, Compass Diversified's 7.875% Series B Fixed-to-Floating Rate Cumulative Preferred Shares (Symbol: CODI.PRB) is currently off about 0.6% on the day, while the common shares (Symbol: CODI) are off about 0.2%.

Click here to find out the 50 highest yielding preferreds »

Also see:
• CHRS market cap history
• Institutional Holders of ARKR
• KDN Insider Buying

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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