In trading on Thursday, shares of Canadian Utilities Ltd’s Cumulative Redeemable Second Preferred Shares Series AA (TSX: CU-PRD.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.225), with shares changing hands as low as $22.25 on the day. As of last close, CU.PRD was trading at a 10.20% discount to its liquidation preference amount.
The chart below shows the one year performance of CU.PRD shares, versus CU:
Below is a dividend history chart for CU.PRD, showing historical dividend payments on Canadian Utilities Ltd’s Cumulative Redeemable Second Preferred Shares Series AA:
In Thursday trading, Canadian Utilities Ltd’s Cumulative Redeemable Second Preferred Shares Series AA (TSX: CU-PRD.TO) is currently up about 0.5% on the day, while the common shares (TSX: CU.TO) are off about 0.6%.
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