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:
In Friday trading, AdCare Health Systems, Inc.'s 10.875% Series A Cumulative Redeemable Preferred Stock (ADK.PRA) is currently down about 2% on the day, while the common shares (ADK) are off about 0.7%.
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