Babcock & Wilcox Enterprises' Series A Preferred Stock Yield Pushes Past 8.5%

Babcock & Wilcox Enterprises' 7.75% Series A cumulative preferred stock (BW.PRA) was yielding above 8.5% on its $1.9375 annualized dividend, with shares trading as low as $22.23. The piece is a factual yield update rather than a new company event, so the market impact is likely limited.

Analysis

Babcock & Wilcox Enterprises' 7.75% Series A cumulative preferred stock (BW.PRA) was yielding above 8.5% on its $1.9375 annualized dividend, with shares trading as low as $22.23. The piece is a factual yield update rather than a new company event, so the market impact is likely limited.