In trading on Thursday, shares of Power Corp. of Canada’s Non-Cumulative First Preferred Shares, Series D (TSX: POW-PRD.TO) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $19.22 on the day. As of last close, POW.PRD was trading at a 22.52% discount to its liquidation preference amount. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of POW.PRD shares, versus POW:

Below is a dividend history chart for POW.PRD, showing historical dividend payments on Power Corp. of Canada’s Non-Cumulative First Preferred Shares, Series D:

Free Report: Top 8%+ Dividends (paid monthly)

In Thursday trading, Power Corp. of Canada’s Non-Cumulative First Preferred Shares, Series D (TSX: POW-PRD.TO) is currently up about 0.1% on the day, while the common shares (TSX: POW.TO) are up about 2.1%.

Also see:

• Institutional Holders of PAPR
• DTM Dividend History
• Funds Holding PMPT

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