Shares of Hartford Insurance Group Inc’s 6.000% Non-Cumulative Preferred Stock, Series G (HIG.PRG) were yielding above 6% on Monday, with a quarterly dividend of $1.50. The stock traded as low as $24.91, a 0.88% premium to its liquidation preference. The shares are not cumulative, meaning missed payments do not have to be made up. In trading, HIG.PRG was up 0.7% while common shares (HIG) remained flat.
Investors should note the historical dividend payments and compare yields in the “Financial” preferred stock category. For more information, visit Preferred Stock Channel.
Read more at Nasdaq: Hartford Insurance Group’s Preferred Stock, Series G Shares Cross 6% Yield Mark
