In trading on Thursday, shares of Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 4 (BCS.PRC) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $25.39 on the day. This compares to an average yield of 6.24% in the "Banking & Savings" preferred stock category, according to Preferred Stock Channel. As of last close, BCS.PRC was trading at a 3.48% premium to its liquidation preference amount, versus the average discount of 4.80% in the "Banking & Savings" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
The chart below shows the one year performance of BCS.PRC shares, versus BCS:
Below is a dividend history chart for BCS.PRC, showing historical dividend payments on Barclays PLC's Non-Cumulative Callable Dollar Preference Shares, Series 4: