 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| RenaissanceRe Holdings' SERIES F PREFERENCE Shares Cross 6.5% Yield MarkBy Preferred Stock Channel Staff, Tuesday, August 22, 2:08 PM ET
In trading on Tuesday, shares of RenaissanceRe Holdings Ltd.'s 5.750% SERIES F PREFERENCE SHARES (NYSE:RNR.PRF) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $22.01 on the day. This compares to an average yield of 7.09% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, RNR.PRF was trading at a 11.28% discount to its liquidation preference amount, versus the average discount of 15.44% in the "Financial" category. 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 RNR.PRF shares, versus RNR:
Below is a dividend history chart for RNR.PRF, showing historical dividend payments on RenaissanceRe Holdings Ltd.'s 5.750% SERIES F PREFERENCE SHARES:
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Tuesday trading, RenaissanceRe Holdings Ltd.'s 5.750% SERIES F PREFERENCE SHARES (NYSE:RNR.PRF) is currently trading flat on the day, while the common shares (NYSE:RNR) are down about 0.5%.
This Article's Word Cloud:
Arial
Below
Channel
Dividend
Financial
Holdings
Investors
Juicy
More
NYSE
Newsletter
Offer
Preferred
Premium
Receive
RenaissanceRe
Special
Start
Stock
Stocks
This
Tuesday
Where
Yields
about
above
according
afterLeftLabels
afternoon
amount
annualized
average
axisColor
background
balance
based
category
chart
common
discount
dividend
escape
fillColor
missed
preferred
shares
that
trading
versus
with
|
Play Video:
The Importance of Dividends
Free Email Alerts By Stock:
Start slideshow: