Birchcliff Energy's Preferred Shares, Series C, Cross 7% Yield Mark

In trading on Friday, shares of Birchcliff Energy Ltd's Cumulative Redeemable Preferred Shares, Series C (TSX: BIR-PRC.TO) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.99 on the day. As of last close, BIR.PRC was trading at a 0.20% premium to its liquidation preference amount.

The chart below shows the one year performance of BIR.PRC shares, versus BIR:

Performance Comparison Chart

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Below is a dividend history chart for BIR.PRC, showing historical dividend payments on Birchcliff Energy Ltd's Cumulative Redeemable Preferred Shares, Series C:

BIR.PRC+Dividend+History+Chart

In Friday trading, Birchcliff Energy Ltd's Cumulative Redeemable Preferred Shares, Series C (TSX: BIR-PRC.TO) is currently down about 0.2% on the day, while the common shares (TSX: BIR.TO) are up about 0.8%.

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