International Shipholding's Series A Preferred Stock Shares Cross 9.5% Yield Mark

In trading on Monday, shares of International Shipholding Corp.'s 9.50% Series A Cumulative Redeemable Perpetual Preferred Stock (ISH.PRA) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $9.50), with shares changing hands as low as $99.00 on the day. This compares to an average yield of 7.54% in the "Transportation" preferred stock category, according to Preferred Stock Channel. As of last close, ISH.PRA was trading at a 2.00% premium to its liquidation preference amount, versus the average discount of 3.37% in the "Transportation" category.

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

Performance Comparison Chart

Below is a dividend history chart for ISH.PRA, showing historical dividend payments on International Shipholding Corp.'s 9.50% Series A Cumulative Redeemable Perpetual Preferred Stock :

ISH.PRA+Dividend+History+Chart

In Monday trading, International Shipholding Corp.'s 9.50% Series A Cumulative Redeemable Perpetual Preferred Stock ( ISH.PRA) is currently down about 2.9% on the day, while the common shares ( ISH) are down about 4.6%.

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