International Shipholding Series B Cumulative Redeemable Perpetual Preferred Stock Shares Cross 8.5% Yield Mark

In trading on Tuesday, shares of International Shipholding Corp.'s 9.00% Series B Cumulative Redeemable Perpetual Preferred Stock (ISH.PRB) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $9.00), with shares changing hands as low as $105.01 on the day. This compares to an average yield of 6.19% in the "Transportation" preferred stock category, according to Preferred Stock Channel. As of last close, ISH.PRB was trading at a 6.50% premium to its liquidation preference amount, versus the average premium of 4.30% in the "Transportation" category.

The chart below shows the one year performance of ISH.PRB shares, versus ISH:

Performance Comparison Chart

Below is a dividend history chart for ISH.PRB, showing historical dividend payments on International Shipholding Corp.'s 9.00% Series B Cumulative Redeemable Perpetual Preferred Stock :

ISH.PRB+Dividend+History+Chart

In Tuesday trading, International Shipholding Corp.'s 9.00% Series B Cumulative Redeemable Perpetual Preferred Stock ( ISH.PRB) is currently down about 1.4% on the day, while the common shares ( ISH) are down about 0.4%.

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