|Day Low/High||3.87 / 4.15|
|52 Wk Low/High||2.11 / 6.20|
Investors in Diana Shipping Inc saw new options become available today, for the July 21st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DSX options chain for the new July 21st contracts and identified one put and one call contract of particular interest.
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.