Enstar Group's Series D Preferred Shares Cross 8.5% Yield Mark
November 14, 2024 at 14:13 PM EST
In trading on Thursday, shares of Enstar Group Ltd's 7.00% Dep Shares Non-Cumul Fixed/Float Series D Perp Prfrd Shares (ESGRP) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $20.39 on the day. This compares to an average yield of 8.12% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel..
