|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||2.11 / 6.20|
In trading on Wednesday, shares of Diana Shipping Inc's 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares were yielding above the 12.5% mark based on its quarterly dividend (annualized to $2.2188), with shares changing hands as low as $17.72 on the day. This compares to an average yield of 8.10% in the "Shipping" preferred stock category, according to Preferred Stock Channel.
There are strong indications that the market has indeed recovered.