Canaccord Genuity Group Inc’s Cumulative 5-Year Rate Reset First Preferred Shares, Series A (TSX: CF-PRA.TO) were yielding above 5% based on a quarterly dividend of $1.007. Shares traded as low as $20.02, a 19.00% discount to liquidation preference. The preferred shares are convertible. Common shares (TSX: CF.TO) were down 1%. For more Canadian dividend stocks on sale, visit the link provided. In trading, CF.PRA shares were flat, while CF.TO shares dropped 1%.
Read more at Nasdaq: Canaccord Genuity Group’s Preferred Shares, Series A Crosses Above 5% Yield Territory
