Escalera Resources Series A Preferred Stock Yield Pushes Past 9.5%

In trading on Wednesday, shares of Escalera Resources Co's 9.25% Series A Cumulative Preferred Stock ( ESCRP) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.3125), with shares changing hands as low as $23.93 on the day. This compares to an average yield of 8.23% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel. As of last close, ESCRP was trading at a 2.44% discount to its liquidation preference amount, versus the average discount of 2.34% in the "Oil & Gas Exploration & Production" category.

The chart below shows the one year performance of ESCRP shares, versus ESCR:

Performance Comparison Chart

Below is a dividend history chart for ESCRP, showing historical dividend payments on Escalera Resources Co's 9.25% Series A Cumulative Preferred Stock:

ESCRP+Dividend+History+Chart

In Wednesday trading, Escalera Resources Co's 9.25% Series A Cumulative Preferred Stock ( ESCRP) is currently up about 1% on the day, while the common shares ( ESCR) are up about 0.1%.