Preferred Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Reminder - E-l Financial (ELF.CA) Goes Ex-Dividend Soon
Tuesday, June 26, 10:56 AM ET, by Market News Video Staff

On 6/28/18, E-l Financial (ELF.CA) will trade ex-dividend, for its quarterly dividend of $1.25, payable ...

E-l Financial (ELF.CA) Shares Cross Below 200 DMA
Thursday, June 28, 11:00 AM ET, by Market News Video Staff

In trading on Thursday, shares of E-l Financial (ELF.CA) crossed below their 200 day moving ...

E-l Financial's Preference Series 3 Shares Cross 5.5% Yield Mark
Thursday, June 28, 2:27 PM ET, by Market News Video Staff

In trading on Thursday, shares of E-l Financial's 5.50% Non-Cumulative Redeemable First Preference Shares, Series ...

E-l Financial's Series B Preference Shares Yield Pushes Past 5.5%
Wednesday, September 12, 2:04 PM ET, by Market News Video Staff

In trading on Wednesday, shares of E-l Financial's Non-Cumulative Redeemable Series B Preference Shares (ELF.PRF.CA) ...

ELF.CA Ex-Dividend Reminder - 9/27/18
Tuesday, September 25, 10:04 AM ET, by Market News Video Staff

On 9/27/18, E-l Financial (ELF.CA) will trade ex-dividend, for its quarterly dividend of $1.25, payable ...

E-l Financial's Series B Preference Shares Cross 5.5% Yield Mark

By Preferred Stock Channel Staff, Wednesday, May 16, 2:09 PM ET
Play Video: The Importance of Dividends


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Wednesday, shares of E-l Financial's Non-Cumulative Redeemable Series B Preference Shares (TSE:ELF.PRF.CA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.325), with shares changing hands as low as $24.00 on the day. As of last close, ELF.PRF.CA was trading at a 3.12% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of ELF.PRF.CA shares, versus ELF.CA:

Performance Comparison Chart

Below is a dividend history chart for ELF.PRF.CA, showing historical dividend payments on E-l Financial's Non-Cumulative Redeemable Series B Preference Shares:


Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

In Wednesday trading, E-l Financial's Non-Cumulative Redeemable Series B Preference Shares (TSE:ELF.PRF.CA) is currently down about 0.7% on the day, while the common shares (TSE:ELF.CA) are up about 0.1%.


This Article's Word Cloud:   Arial   Below   Channel   Cumulative   Dividend   Financial   Investors   Juicy   More   Newsletter   Offer   Preference   Premium   Receive   Redeemable   Series   Shares   Special   Start   Stocks   Wednesday   Where   Yields   about   above   afterLeftLabels   afternoon   amount   annualized   axisColor   background   balance   based   before   beforeLeftLabels   below   best   bkgImage   chart   common   dividend   escape   fillColor   missed   preferred   shares   should   that   trading   with

E-l Financial's Series B Preference Shares Cross 5.5% Yield Mark | www.PreferredStockChannel.com | Copyright © 2011 - 2019, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.