Whirlpool's Series A Preferred Stock Yield Pushes Past 12.5%

Whirlpool’s WHR.PRA preferred shares traded with an implied yield above 12.5%, based on a quarterly dividend annualized to $4.25. Shares reportedly changed hands as low as $33.83, implying market pricing consistent with a high current yield but with no stated change in company fundamentals or guidance in the excerpt.