Forbes -
5 Aug 2013 20:39

In trading on Monday, shares of AdCare Health Systems, Inc.'s 10.875% Series A Cumulative Redeemable Preferred Stock (AMEX: ADK.PRA) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.7188), with shares changing hands as low as $26.95 on the day. As of last close, ADK.PRA was trading at a 10.28% premium to its liquidation preference amount.
Share this Article
Comment on this Article
Please to comment