Qurate Retail's Series A Preferred Stock Yield Pushes Past 19%
October 09, 2024 at 14:07 PM EDT
In trading on Wednesday, shares of Qurate Retail Inc's 8.0% Series A Cumulative Preferred Stock Due 3/15/2031 (QRTEP) were yielding above the 19% mark based on its quarterly dividend (annualized to $8.00), with shares changing hands as low as $42.09 on the day. As of last close, QRTEP was trading at a 57.77% discount to its liquidation preference amount.
