Navios Maritime Holdings Series H Preferred Stock Shares Cross 11.5% Yield Mark

In trading on Monday, shares of Navios Maritime Holdings Inc's 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock (NM.PRH) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $18.70 on the day. This compares to an average yield of 8.21% in the "Transportation" preferred stock category, according to Preferred Stock Channel. As of last close, NM.PRH was trading at a 24.00% discount to its liquidation preference amount, versus the average discount of 9.46% in the "Transportation" category.

The chart below shows the one year performance of NM.PRH shares, versus NM:

Performance Comparison Chart

Below is a dividend history chart for NM.PRH, showing historical dividend payments on Navios Maritime Holdings Inc's 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock:

NM.PRH+Dividend+History+Chart

In Monday trading, Navios Maritime Holdings Inc's 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock ( NM.PRH) is currently down about 0.7% on the day, while the common shares ( NM) are trading flat.

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