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MTBC's Series A Preferred Stock Shares Cross 10% Yield Mark

By Preferred Stock Channel Staff, Monday, March 1, 2:06 PM ET
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In trading on Monday, shares of MTBC Inc's 11% Series A Cumulative Redeemable Perpetual Preferred Stock (MTBCP) were yielding above the 10% mark based on its monthly dividend (annualized to $2.75), with shares changing hands as low as $27.25 on the day. As of last close, MTBCP was trading at a 11.08% premium to its liquidation preference amount.

The chart below shows the one year performance of MTBCP shares, versus MTBC:

Performance Comparison Chart

Below is a dividend history chart for MTBCP, showing historical dividend payments on MTBC Inc's 11% Series A Cumulative Redeemable Perpetual Preferred Stock:

Free Report: Top 7%+ Dividends (paid monthly)

In Monday trading, MTBC Inc's 11% Series A Cumulative Redeemable Perpetual Preferred Stock (MTBCP) is currently trading flat on the day, while the common shares (MTBC) are up about 2.6%.

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