In trading on Friday, shares of Babcock & Wilcox Enterprises Inc’s 7.75% Series A Cumulative Preferred Stock (Symbol: BW.PRA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $18.11 on the day. This compares to an average yield of 9.97% in the “Industrial Machinery & Equipment” preferred stock category, according to Preferred Stock Channel. As of last close, BW.PRA was trading at a 23.28% discount to its liquidation preference amount, versus the average discount of 10.82% in the “Industrial Machinery & Equipment” category.
The chart below shows the one year performance of BW.PRA shares, versus BW:
Below is a dividend history chart for BW.PRA, showing historical dividend payments on Babcock & Wilcox Enterprises Inc’s 7.75% Series A Cumulative Preferred Stock:
In Friday trading, Babcock & Wilcox Enterprises Inc’s 7.75% Series A Cumulative Preferred Stock (Symbol: BW.PRA) is currently off about 1.9% on the day, while the common shares (Symbol: BW) are up about 0.4%.
