Fundamental Global's Series A Preferred Stock Shares Cross 11% Yield Mark
May 14, 2024 at 17:13 PM EDT
In trading on Tuesday, shares of Fundamental Global Inc's 8.00% Series A Cumulative Preferred Stock (FGFPP) were yielding above the 11% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $18.00 on the day. This compares to an average yield of 7.49% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel..
