Power Financial's Preferred Shares Series A Cross 6% Yield Mark
In trading on Monday, shares of Power Financial Corp's First Preferred Shares Series A (TSX: PWF-PRA.TO) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.6913), with shares changing hands as low as $11.41 on the day. As of last close, PWF.PRA was trading at a 53.72% discount to its liquidation preference amount.
The chart below shows the one year performance of PWF.PRA shares, versus PWF:
Below is a dividend history chart for PWF.PRA, showing historical dividend payments on Power Financial Corp's First Preferred Shares Series A: