Trading Insights
On Wednesday, Stifel Financial Corporation’s 6.25% Non-Cumulative Preferred Stock, Series B (Symbol: SF.PRB) demonstrated strength, yielding above 6.5% with a quarterly dividend of $1.5625. Despite shares dipping to $24.00 during the day, this performance surpasses the average 6.67% yield in the “Financial” preferred stock sector. Notably, SF.PRB traded at a 1.40% discount to its liquidation preference, notably lower than the category’s average of 9.31%. It’s crucial for investors to note that these shares are non-cumulative, absolving the company from making up missed dividends to preferred shareholders before resuming common dividends post-hurdle.
Stock Performance Visualization
The charts below delineate the performance of SF.PRB shares over the past year, juxtaposed with SF stocks, offering a visual representation of the company’s market dynamics.
Dividend History Snapshot
A historical dividend payment chart for SF.PRB provides a comprehensive overview of Stifel Financial Corporation’s dividend distribution trends, enabling investors to gauge the stock’s income potential.
In today’s trading sessions, Stifel Financial Corporation’s SF.PRB is marginally down by 2.6%, contrasting with a 1.9% dip in SF common shares.
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The expressions and perspectives shared here represent the author’s views exclusively and may not align with those of Nasdaq, Inc.
