Fundamental Global's Series A Preferred Stock Shares Cross 13.5% Yield Mark
August 12, 2024 at 15:03 PM EDT
In trading on Monday, shares of Fundamental Global Inc's 8.00% Series A Cumulative Preferred Stock (FGFPP) were yielding above the 13.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $14.42 on the day. This compares to an average yield of 7.53% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel..