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“Canadian Utilities’ Series DD Preferred Shares Exceed 6% Yield”

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Canadian Utilities Ltd’s Preferred Shares Show 6% Yield Amid Market Fluctuations

Current Trading Insights and Performance Comparison

On Friday, Cumulative Redeemable Second Preferred Shares Series DD of Canadian Utilities Ltd (TSX: CU-PRG.TO) yielded over 6%, driven by a quarterly dividend of $1.125. Shares traded as low as $18.46 during the day. The stock was reporting a significant 24.88% discount to its liquidation preference at the last close.

The chart below illustrates the one-year performance comparison between CU.PRG shares and the common shares of Canadian Utilities (CU):

Performance Comparison Chart

Additionally, the dividend history for CU.PRG demonstrates its consistent dividend payments, which is an important factor for investors.

CU.PRG Dividend History Chart

During Friday’s trading session, CU.PRG shares decreased by approximately 1.2%, while the company’s common shares (TSX: CU.TO) showed a slight gain of 0.1%.

nslideshow Discover which 9 other Canadian dividend stocks have recently become more appealing in yield.

Also see:
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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