In trading on Friday, shares of AdCare Health Systems, Inc.'s 10.875% Series A Cumulative Redeemable Preferred Stock (ADK.PRA) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.7188), with shares changing hands as low as $27.10 on the day. As of last close, ADK.PRA was trading at a 10.80% premium to its liquidation preference amount.The chart below shows the one year performance of ADK.PRA shares, versus ADK:
AdCare Health Systems' Series A Preferred Stock Shares Cross 10% Yield Mark
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.