General Finance's Series C Preferred Stock Shares Cross 9.5% Yield Mark
April 23, 2020 at 14:05 PM EDT
In trading on Thursday, shares of General Finance Corp's 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (GFNCP) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $9.00), with shares changing hands as low as $94.54 on the day. This compares to an average yield of 10.18% in the "Business Services & Equipment" preferred stock category, according to Preferred Stock Channel..
